All Office for National Statistics articles
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NewsUK GDP falls 0.5% as interest rate hikes continue to bite
The UK economy is estimated to have contracted in July, according to the latest gross domestic product (GDP) data from the Office for National Statistics (ONS).
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NewsState pension triple lock could cost up to £45bn a year by 2050
As the Office for National Statistics prepares to release its estimate for average earnings growth, the Institute of Fiscal Studies (IFS) issues a warning over the cost of the triple lock to taxpayers.
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NewsUK economy: GDP grew 0.5 per cent in June
The UK economy grew by 0.5 per cent in June and by 0.2 per cent in the three months ending June, according to the Office for National Statistics.
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NewsTriple lock: Government faces £9bn bill to inflation-proof state pension
State pension triple lock bill will rise on the back of inflation hikes and wage data, according to interactive investor.
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NewsUK economy: Inflation comes in below 8 per cent in June
The cost of living rose by a better-than-expected 7.9 per cent last month; it had been predicted to fall to 8.2 per cent after rising to 8.7 per cent in May.
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NewsUK economy: GDP falls 0.1 per cent
The UK economy dipped in May, according to the Office for National Statistics.
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NewsSavings shock: Over £4.5bn more withdrawn from UK accounts than deposited in May
The Bank of England said withdrawals from UK savings accounts hit their highest level in 26 years.
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News‘Nightmare’ inflation eases slightly to 10.5%
On the go: The rate of inflation dropped slightly in December as the price of fuel and clothing eased. However, concerns are growing that wage rises are embedding inflation into the economy.
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NewsInflation slows to 10.7% in November
On the go: The rate of inflation dropped slightly to 10.7 per cent in November, driven by a decrease in the price of fuels and secondhand cars.
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NewsGovernment retains state pension triple lock
On the go: Chancellor Jeremy Hunt has confirmed that the pensions triple lock is to be protected.
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NewsSingle mothers face £246,000 pension shortfall
Single mothers in the UK are facing a £246,000 shortfall in their pension pots compared with the average couple, and this is being further exacerbated by rising inflation and falling wages
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NewsNearly half of lowest-income retirees are single women
On the go: Nearly half of retired households in the lowest-income group are made up of women living alone, official figures have shown.
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NewsConsumer pension fears at 10-year high
On the go: As people grapple with the cost of living crisis, Google searches for “pension help” have reached a 10-year high.
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NewsONS reveals schemes’ overseas investments and assets
On the go: The Office for National Statistics has published data on UK-funded occupational pension schemes’ overseas assets and direct investments for the first time.
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NewsNew ONS data exposes ‘shocking’ pensions inequality
On the go: One-10th of the UK population held more private pension wealth than the rest of the country combined between 2018 and 2020, new research has revealed.
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NewsTUC urges govt action on ‘whopping’ gender pensions gap
The income gap between men and women in retirement has reached 38 per cent, more than twice the level of the gender pay gap, as women continue to be at a disadvantage in their later years.
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NewsAlmost half of schemes lacking cyber security testing
On the go: Almost half of pension schemes (43 per cent) have not tested the strength of their plan’s IT systems, processes and procedures for cyber crime protection, according to new research.
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NewsInflation hits 30-year high of 7%
On the go: UK inflation hit a new high of 7 per cent in March, as the cost of living crisis continues.
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NewsInflation hits 30-year high of 6.2%
On the go: Inflation hit another record in February, piling the pressure on the chancellor to address the soaring cost of living in his Spring Statement on March 23.
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NewsPension giants call govt to adopt AE expansion
Some of the UK pension industry’s big beasts have joined forces to demand an expansion of auto-enrolment to capture young people, part-time workers and those on lower incomes.