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ONS: Private sector wages grow faster than expected
News The latest figures from the Office for National Statistics show growth in total pay fell 3.1% when adjusted for inflation.
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UK economy stalls in the final quarter of 2022 but avoids recession
News The latest data from the Office for National Statistics showed GDP fell 0.5% in December but remained flat in the final quarter of the year.
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NIESR: The UK is likely to avoid a recession, but persistent inflation will damage household budgets
News The National Institute of Economic and Social Research (NIESR) says a UK recession is unlikely in 2023, but calls for more help for households in the March Budget
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Digital pound likely to launch this decade
News The Treasury and the Bank of England have launched a consultation on the introduction of a state-backed digital pound. We explain how a “Britcoin” could work
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UK funds suffer record outflows in 2022 amid cost of living crisis
News Investors pulled out a record £25bn out of funds in 2022 to help fund cost of living
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Bank of England raises interest rate to 4%
News The Bank of England raised rates by 0.5%, marking the base rate’s 10th consecutive increase.
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What are the UK’s most expensive postcodes to buy a house in?
Advice Data from estate agent comparison site GetAgent reveals the UK’s priciest and cheapest postcodes to buy a property in
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GDP grows by 0.1% in November
News GDP records a 0.1% growth for November, but does this mean the UK may escape a recession?
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What’s in store for the UK economy in 2023?
Advice The UK economy is facing a lot of problems right now. What are the main challenges and how will these affect the economy in the year ahead?
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