The latest figures from the Office for National Statistics (ONS) have shown that the economy grew by 0.2% in July and output dropped by 0.6%. Services grew by 0.4% in July 2022, after a fall of 0.5% in June 2022, and was the main driver to the rise in GDP. Information and communication grew by 1.5%
Ons
New data from the Office for National Statistics (ONS) has shown a recent slowdown in monthly mergers and acquisitions (M&A) activity, as domestic M&A deals were valued at £2.9 billion for Q2 2022 - £0.9bn less than Q1 (£3.9bn). Data suggests M&A activity has been
For the first time, since records began in January 1997, the UK is importing no energy from Russia.
Real earnings in the UK have fallen by a record 3.0%, according to the latest figures published by the Office for National Statistics (ONS). In real terms (adjusted for inflation), growth in total and regular pay fell on the year in April to June 2022 at 2.5% for total pay and 3.0% for regular pay.
The Office for National Statistics (ONS) has estimated that the country's GDP contracted by 0.6% in June and 0.1% for Q2. The June decrease is attributed to the Platinum Jubilee and the move of the May bank holiday leading to "an additional working day in May 2022 and two fewer working days in
More than a quarter of big business staff in Scotland are now using hybrid working, splitting their time between home and office, a new report has found.
Retail sales volumes fell by 0.1% in June 2022 following a fall of 0.8% in May, according to the latest figures published by the Office for National Statistics (ONS).
New research has highlighted the immense challenge the UK travel sector faces from failed payment transactions. Edinburgh-based payment orchestration firm, BR-DGE, has analysed data from Office for National Statistics revealing that airlines and outbound travel agents are at risk of losing £5.
UK inflation reached a new record high in June, as the Consumer Prices Index (CPI), measured by the Office for National Statistics (ONS) hit 9.4%.
Jason Morris, regional market leader at PwC Scotland, comments on the latest Office for National Statistics figures revealing that Scotland saw the biggest increase in homeworking of all UK regions between January and March this year, compared with pre-pandemic levels. The latest data from the Offic
Gross domestic product (GDP) grew by 0.5% in May 2022, according to the latest figures published by the Office for National Statistics (ONS). However, "spiralling living costs", sharp rises in inflation and further interest rate rises on the horizon "present an uncertain forecast for people and poli
Retail sales volumes fell by 0.5% in May 2022 following a rise of 0.4% in April, according to the latest figures published by the Office for National Statistics (ONS). However, sales volumes were 2.6% above their pre-coronavirus (COVID-19) February 2020 levels.
The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 7.9% in the 12 months to May 2022, up from 7.8% in April, according to the latest figures published by the Office for National Statistics (ONS).
Gross domestic product (GDP) fell by 0.3% in April 2022, after a decline of 0.1% in March 2022, according to the latest figures published by the Office for National Statistics (ONS).
Prices in the UK are rising at their fastest rate for 40 years, according to the latest figures published by the Office for National Statistics (ONS).