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.

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 Office for National Statistics (ONS) will split its leadership in two and invest more money into fixing problems ...

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

The Office for National Statistics said inflation, as measured by the consumer prices index, rose to 3% in the year to January, up from the equivalent 2.5% rate the month before.

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 ...

U.K. Inflation Jumps, Reinforcing Bank of England’s Caution Significant increases in household bills caused inflation to climb steeply, the Office for National Statistics said By Ed Frankl Share ...

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 ...

Economists have issued a warning about unemployment levels after new wage figures have been revealed ahead of the Bank of England's interest rates decision.

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