LONDON—British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many people stayed at home due to the spread of the Omicron COVID-19 variant. Economists said the scale of the hit bolstered their expectations that the world’s fifth-biggest economy shrank last month under the strain…
UK Shoppers Slash December Spending After Earlier Xmas Spree, Omicron
UK Inflation Edges Lower Despite Rising Fuel Prices
Inflation nudged lower last month despite rising fuel and transport costs. New figures from the Office for National Statistics (ONS) revealed that the rising cost of living slowed last month, but still struck the second-highest reading since 2012 and is expected to increase again, according to economists. The ONS said Consumer Prices Index (CPI) inflation…
UK Job Vacancies Driven by Low-Paid Roles, IFS Says
September 21, 2021
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Recent data showing high job vacancies in the UK is being entirely driven by low-paid occupations, according to research. The Institute for Fiscal Studies (IFS) think tank said around a quarter of the workforce is seeing job vacancies in occupations relevant to them at least 10 percent below pre-pandemic levels. The IFS said this means…
4 in 5 Travellers to England From Amber Locations Stuck to Quarantine Rules: Survey
Four out of five arrivals from amber list locations adhered to coronavirus quarantine requirements in July, research suggests. Some 83 percent of respondents to an Office for National Statistics (ONS) survey of 848 adults arriving in England from an amber country or territory between July 12 and 17 said they self-isolated. They were required to…
UK Inflation Cools as Clothes Costs Fall but Petrol Hits 8-Year Highs
The UK’s rate of inflation cooled in July to 2 percent, down from near three-year highs of 2.5 percent in June, but was pushed higher by petrol prices hitting highs not seen for nearly eight years. The Office for National Statistics (ONS) said the Consumer Prices Index (CPI) is now in line with the Bank…
Data Suggests Patients With UK Variant of CCP Virus More Likely to Show Symptoms
Those who tested positive with the UK variant of the CCP virus are more likely to experience symptoms such as coughing than patients with the old variant, data from England suggests. The UK’s Office for Office for National Statistics (ONS) on Wednesday published its latest CCP (Chinese Communist Party) virus infection survey. Participants were asked whether they had experienced…
UK Public Debt Hits £2.13 Trillion in December 2020
By December 2020, the UK’s public debt to GDP ratio has reached its highest since 1962, official data revealed. The Office for National Statistics (ONS) on Friday published its December report on public sector finances. Data showed that in the first nine months of 2020/21 financial year (April to December 2020), the UK’s public sector net debt excluding…
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