Tag: Office of National Statitics
UK inflation rises unexpectedly in July
Price increases in fuel, clothing and hairdressing contributed to an unexpected increase in the Consumer Price Index (CPI) measure of inflation in July, which...
Self-employed workforce shrinks as UK sheds 750,000 jobs amid pandemic
The number of self-employed individuals in the UK decreased by a record almost quarter of a million in the second quarter of 2020 as...
Number of workers on payroll falls by 650,000
The number of workers in the UK in PAYE employment fell by nearly 650,000 in June compared to March’s level, whilst the government furlough...
Online job adverts down by half
The number of online job advertisements has dropped below half of the average for the same period last year, according to an “experimental” measure...
Bank of England pumps further £100bn into economy
The Bank of England ramped up its quantitative easing (QE) programme by a further £100 billion on Thursday, to help fight the “unprecedented” economic...
UK inflation falls to 0.5% during lockdown
A fall in demand for recreational activities and weak oil prices were among the factors that led to UK inflation falling to a four-year...
Economy shrinks by a fifth amid more market turmoil
News emerged today that the UK economy shrank at the fastest monthly rate on record in April as yesterday mass sell-offs led to global...