The Office for National Statistics (ONS) said that UK gross domestic product (GDP) rose by 0.8 percent in the first calendar quarter of this year.
That compares to a rise of 0.7 percent in the fourth quarter of 2013 and year on year equates to a rise of 3.1 percent. more»
Data from the Office of National Statistics (ONS) showed that between December last year and February this year, unemployment has fallen.
6.9 percent of the labour force are unemployed in the period – that compares to 7.9 percent for the same period last year. more»
The Office of National Statistics (ONS) said that inflation in the UK fell to 1.9 percent in January.
But if you measure inflation using the Retail Prices index, it rose to 2.8 percent in January from 2.7 percent in December 2012. more»
After a dreadful dose of the recession clap, it appears the UK economy is showing signs of growth.
It’s growth, but not much growth, according to the Office of National Statistics (ONS).
In the fourth quarter of 2013 the economy grew by 0.7 percent. more»
The UK Office of National Statistics (ONS) said that sales in shops rose by 5.3 percent in December 2013 compared to the same period in 2012.
And, according to ONS, small shops did better than the megachains, rising by eight percent compared to 2.6 percent. more»
The Office of National Statistics (ONS) said that August 2013 showed a period of contraction compared to July 2013.
Figures it released showed that while there was strong growth of 1.1 percent in July, the retail sector fell by 0.9 percent in August. more»
The July heatwave is long gone, but its positive effects on the retail sector are still being felt. According to the British Retail Consortium, footfall was up 0.8 percent in July compared to a year ago. The footfall uptick was not the only good news, as vacancy rates went down. more»
The latest data from the Office for National Statistics estimates the UK’s Gross Domestic Product (GDP) grew 0.6 percent sequentially in the second quarter, and have predictably been jumped on by both the Conservatives and Labour.
The biggest contribution to GDP was the services industry, growing 0.6 percent or 0.48 percentage points to the 0.6 percent increase. more»
The Consumer price index (CPI) inflation rate grew to 2.9 percent in June, an increase on May’s 2.7 percent, the Office for National Statistics has announced – approaching the Bank of England’s cut-off point of three percent.
Slower rises in food prices and air fare managed to keep the lid on the inflation rate, which was expected because of increases in clothing and petrol prices from the same time last year. more»
Retail sales increased year on year this May, the Office for National Statistics has revealed.
In its monthly survey of 5,000 UK retailers, it was found that sales volumes increased 1.9 percent compared to May last year – with the quantities bought in retail marking the highest level since the series began. more»
During the months of November 2012 to January 2013, unemployment rose, the Office of National Statistics (ONS) has said.
In its latest repor,t the organisation said the figures shot up by 7,000 to 2.52 million, compared to the previous three months. more»
IT and web design hirings are growing at a much faster rate than those in retail, research has found.
According to specialist technology recruiter Greythorn, 32,000 IT and web design jobs were created over the past year, marking a 12 percent rise, while retail job hirings rose by only three percent. more»
UK retail sales are down and it seems the slump is worse than economists had predicted. According to the Confederation of British Industry (CBI), retail sales will hit a five-month low in February.
Although volumes continued to strengthen in the first half of February, the pace of growth slowed down once again. more»
The job centre saw less footfall from October to December last year, with unemployment falling and the number of those in work rising, according to the Office for National Statistics.
Unemployment rates fell by 14,000 to 2.5 million, for the first time in two years, while the number of those in employment rose by 154,000 to 29.7 million. more»
The Association of Professional Staffing Companies (APSCo) has said that despite some relief in unemployment from the Office for National Statistics, in IT, permanent rolls have plunged more than 12 percent while temporary vacancies dropped almost seven percent.
The body said that year on year, to December 2012, there has been a fall of almost ten percent in permanent and temporary vacancies. more»