Inflation in the UK has unexpectedly risen, reaching 2.3% in October 2024.This increase follows a rise from 1.7% in September, according to the ONS.Housing and household…
The UK’s Consumer Prices Index (CPI) saw a significant increase, reaching 2.3% in October 2024.This rise marks a notable jump from September’s 1.7%, as reported by…
In a significant address, Bank of England Governor Andrew Bailey highlighted serious concerns about the reliability of UK labour data. His analysis comes at a time…
The Bank of England’s Governor, Andrew Bailey, has expressed significant concerns regarding the inaccuracies in UK labour market data, as presented at a Mansion House speech.…
The UK construction industry showed modest growth in September 2024, continuing a positive trend despite challenges.September 2024 saw a 0.1% increase in construction output, driven by…
The Office for National Statistics (ONS) has published revised figures for average earnings growth, crucial for state pension calculations.Previously estimated at 4.0%, the figure is now…
The latest figures from the Office for National Statistics indicate a nuanced economic environment in the UK, where employment rates have increased but pay growth has…
The construction industry in the UK saw a modest recovery in August 2024, according to the Office for National Statistics (ONS).A 0.4% increase in construction output…
Retail sales in the UK defied expectations by rising in August, despite declining consumer confidence. Unseasonably high sales in food and clothing contributed to this growth.The…
August witnessed an unprecedented 22% increase in airfare, the second highest since 2001. The rise was unexpected, given the previous year’s decrease between the same months.The…
