UK retail sales ‘lacklustre’ but still growing
While UK retail sales registered a monthly increase of 0.3% between September and October, annually they dropped 0.3% according to the Office for National Statistics (ONS).
ONS
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Should 3% inflation change your portfolio position?
Now may be the time to go defensive investors have argued after data revealed UK inflation held steady at 3% in October.
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Improving UK GDP increases chances of rate rise
The pace of UK economic growth beat expectations in the third quarter of the year, further increasing the chance of an interest rate rise next week.
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UK consumers defy expectations in July, with food sales surging
The strength of the UK consumer proved resilient in July, with month-on-month retail sales rising 0.3% according to the Office for National Statistics (ONS).
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GDP estimate shows ‘notable slowdown’ in UK economy
UK GDP grew by just 0.3% in the second quarter signalling a “notable slowdown” in the domestic economy, according to the Office for National Statistics.
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Hot June leads to clothing spending spree
A warm June propelled UK retail sales for the second quarter of the year, with strong clothing sales compensating for a decline in food and fuel sales.
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Call for revived ‘cult of equity’ as UK inflation climbs to 2.7%
UK inflation has risen to 2.7%, its highest level since 2013, according to the Office for National Statistics.
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March inflation remains stable at 2.3%
The UK consumer prices index (CPI) inflation rate was 2.3% in March, unchanged from its February figure.
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ONS: We will spot next downturn earlier
A future economic downturn will be spotted much earlier thanks to new measures brought in to improve forecasts, the Office for National Statistics (ONS) has claimed.
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ONS: Gilts on top as investors dump short-term assets
Institutional investors favoured UK gilts over short-term assets in the last three months of 2016, according to the latest data from the Office for National Statistics (ONS).
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UK economy beats growth forecast in Q3
The UK economy grew faster than expected between July and September this year, with GDP climbing by 0.6% according to official figures.
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ONS survey points to equities aversion
Stocks, shares and premium bonds were considered the least safe way of saving for retirement, according to the Office of National Statistics (ONS).