Economy
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Economy Direct Debit Failures Jump 9% as Universal Credit Recipients Struggle with Energy Bills
ONS data reveals UK payment failure rates climbing year-on-year, with those on benefits facing the highest rejection rates for electricity…
21 May 2026 -
Economy Sharp Drop in Non-EU Work Migration Drives UK Net Migration Fall to 204,000
Official statistics show net migration plummeted by 68.6% in the year ending June 2025, with fewer overseas workers arriving as the main…
21 May 2026 -
Economy ONS Unveils Three-Year Plan to Transform UK Statistics with Focus on Speed and Quality
Permanent Secretary Darren Tierney announces ambitious reforms to strengthen official statistics through 2027, promising faster data and…
20 May 2026 -
Economy CBI Warns UK Inflation Set to Rise as Global Energy Costs Filter Through
The Confederation of British Industry says higher global energy prices have yet to fully impact the UK inflation basket, signalling upward…
20 May 2026 -
Economy Young drivers warned over ghost broking scams that leave them unknowingly uninsured
The Financial Conduct Authority alerts that up to half of drivers aged 17-25 have bought car insurance through risky channels as fraudsters…
20 May 2026 -
Economy UK inflation drops to 2.8% as Ofgem energy price cap cuts household bills
The Confederation of British Industry confirms utility bills drove April’s inflation slowdown, with the energy regulator’s quarterly price…
20 May 2026 -
Economy ONS housing chief says UK house price inflation continues to ease across regions
Latest figures show annual growth slowing to 3.5% with North East leading gains while London lags behind House price inflation across the…
20 May 2026 -
Economy UK House Prices Stall While Private Rents Continue Rising, ONS Confirms
Official figures show average UK house prices remained flat year-on-year at £268,000 while private rents increased 3.5% to £1,381 a month…
20 May 2026 -
Economy UK Raw Material Costs Jump 7.7% as Manufacturing Prices Surge
Official data reveals accelerating price pressures across British supply chains, with both input and output costs rising faster than…
20 May 2026 -
Economy UK inflation rises to 3.3% in March as petrol prices push up costs
The latest ONS figures show consumer price inflation ticked higher last month, driven primarily by increased motor fuel costs, though core…
20 May 2026 -
Economy UK productivity growth shows stark divide between measurement methods
Preliminary ONS data reveals a 1.7 percentage point gap between survey-based and administrative estimates for the first quarter of 2026…
19 May 2026 -
Economy Government Spending Reaches Three-Decade High as Share of UK Economy
Official statistics reveal day-to-day public expenditure now accounts for 44.0% of GDP, up from 35% in the mid-1990s. The Office for…
18 May 2026