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Pressure eased on Bank of England to increase interest rates following house price growth and inflation revelations

The Bank of England has received a boost as the Office for National Statistics announced a six- year low in house price growth today, coinciding with a stable 1.9 per cent rate of inflation.

1.5 million at "high risk" of losing their jobs to automation, say ONS

The Office for National Statistics have published analysis which claims that around 1.5 million jobs in England are “at high” risk of being automated. The analysis also found that women, young people and part-time workers were most at risk of having their roles automated.

ONS: Retail sales rise but food sales fall by biggest margin since December 2016

The Office for National Statistics have released their retail figures for February 2019, showing that retail sales rose by 0.4 per cent but food sales declined by 1.2 per cent. This fall in food sales is the biggest drop since December 2016.

Employment at highest level since records began

Britain’s employment rate has reached its highest level since records began, according to new figures published today. The number of people in work rose by 473,000 in the last year, while the unemployment rate fell to 3.9 per cent in November-January, the lowest rate since 1975.

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