Ons

British consumers have played a key role in the economy's third quarter bounce back, as retail sales volumes rose by 1.5% in September, according to the latest figures from the Office for National Statistics (ONS).

Consumer price inflation rose back up to 0.5% in September having fallen to 0.2% in August from 1.0% in July, according to the latest figures from the Office for National Statistics (ONS). 

For the period June to August 2020, Scotland’s employment rate estimate rose over the quarter to 73.9%, according to the latest figures from the Office for National Statistics (ONS). 

The UK has emerged into the third quarter of the year with robust month-on-month GDP growth of 6.6% in July, according to the latest figures from the Office for National Statistics (ONS). 

UK Government debt has reached over £2 trillion for the first time.

Retail sales volumes saw further improvement in July of 3.6% month-on-month, as the sector benefitted from a full month of non-essential retailers being allowed to open, according to the latest figures from the Office for National Statistics (ONS). 

The EY Item Club has estimated that UK inflation will reach 2.0% by the end of 2021. 

The UK economy has officially entered a recession as it suffered its biggest decline on record between April and June, according to the latest statistics from the Office for National Statistics (ONS).

UK productivity, measured in terms of output per hour worked, saw a record decline in the second quarter of this year as it fell 2.5% quarter-on-quarter, according to a “flash” estimate from the Office for National Statistics (ONS).

Scotland's unemployment rate increased by 0.4 percentage points to 4.5% from April to June this year, according to the latest Labour Market Statistics from the Office for National Statistics. The data also revealed that the proportion of people aged 16-64 in work decreased over the quarter by 0.4 pe

Retail sales in the UK increased by 13.9% in June, marking the second month of significant improvement in the wake of the coronavirus pandemic, according to the latest data from the Office for National Statistics (ONS). 

Unemployment in Scotland rose to 4.3% between March and May as the coronavirus lockdown restrictions hit the jobs market hard.

The UK's inflation rate rose to 0.6% in June as the coronavirus lockdown restrictions began to ease.

The UK’s GDP fell by 19.1% in the three months to May this year during the lockdown period.

The UK economy has suffered the joint biggest drop since the July-to-September period in 1979, as GDP contracted by 2.2% in the first quarter of 2020.