Economy

How the ONS Refreshes Its Inflation Shopping Basket to Keep Pace with What Britons Really Spend

The Office for National Statistics has updated its annual basket of 750+ goods and services used to measure inflation, reflecting shifting consumer...

Kent Workers Face Slowest Wage Growth in Years as Job Market Cools

Latest figures show pay rises dropping to their weakest level since 2020, with real purchasing power barely improving across the county. ...

Wholesale Energy Prices Surge by Up to 74% as Middle East Tensions Rattle UK Markets

A sharp spike in wholesale gas and electricity costs in early March signals volatile times ahead for British households and businesses, with...

UK Payroll Data Shows Mixed Signals as Kent Labour Market Continues to Cool

ONS revised estimates show a modest rise in payrolled workers in January 2026, but the broader picture remains one of a cooling...

UK Economy Stumbles to Close 2025 with Disappointing 0.1% Growth

The Office for National Statistics reveals fourth-quarter growth missed expectations, raising concerns about economic momentum entering 2026. ...

Staffing Costs Surge as 41% of UK Businesses Report Rising Employment Bills

More businesses than ever are struggling with higher wages, pension contributions, and National Insurance costs, with the hospitality sector facing the steepest...

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