Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ...

The economy contracted in May, a sharp reversal in fortune that makes it more likely the BOE will cut its key interest rate ...

James Benford will be tasked with improving calculations of key data including economic growth, inflation and the UK labour market.

THE UK economy shrank by more than expected in May, official figures reveal. The Office for National Statistics (ONS) said ...

Britain is set to split the top job at the country's statistics office to create a second role focused on overseeing the running of the organisation, which has been criticised for economic data ...

Britain's statistics office plans a leadership split and £10 million investment to address economic data issues impacting the Bank of England. A review suggests separating roles within the office to ...

Data published by the Office for National Statistics showed services price growth, which is closely monitored by Why the Bank of England will hold interest rates June 17, 2025 ...

Consumer prices rose 3.5% in April compared with a year earlier, the highest rate of inflation since January 2024 and up from the 2.6% of March this year, the U.K.’s Office for National ...

UK inflation was higher than expected in May, coming in at 3.4%, according to the Office for National Statistics (ONS). Most economists were expecting the rate to drop to 3.3%. This remains well above ...

The Bank of England has been presented with a fresh headache ahead of its interest rate decision next week. ... according to data from the Office for National Statistics. ...

Find out the latest news from the Bank Of England and Office for National Statistics 19 June: Inflationary Pressures Put Bank Rate Cuts on Ice Mortgage borrowers and savers will see little or no ...

The Bank of England is "almost certain" to cut interest rates next month after the economy slumped for a second month in a ...