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Wage pressures ease again making interest rate cuts more likely

Rate-setters at the Bank of England have argued that pay pressures need to ease before interest rates can start being cut.

Chris dorrellLiz mckeownOffice for national statisticsLabour forceMonetary policyMonetary policy committeeInstitute of personnelNational statisticsExchequer jeremy huntMonetary policy reportChartered instituteLabour force surveyTransformed labour force survey

UK wage growth defies forecasts but slows to lowest level in more than a year

UK wage growth slowed less than expected in the final quarter of 2023 but reached its lowest level in over a year, indicating a cooling labour market.

United kingdomHugh gimberRob kent smithLindsay jamesOffice for statistics regulationLabour forceLabour force surveyTransformed labour force surveyStatistics regulationLabour marketsWage growthBank of englandInterest ratesOffice for national statistics

National statistician: We are looking at whether a traditional census goes ahead in 2031 – PublicTechnology

After concluding a year that was ‘transformational, challenging and educational’, the ONS is now considering the possibilities for major changes in how it gathers statistics, according to Sir Ian Diamond The yearly Permanent Secretaries Roundup published by PublicTechnology sister publication

United kingdomOffice for national statisticsCivil service worldUnited kingdom statistics authority boardLabour force surveySir ianPermanent secretaries roundupSir ian diamondTransformed labour force surveyImmigration statisticsUnited kingdom statistics authority

Industry experts react to UK Labour Market Statistics

Industry experts react to UK Labour Market Statistics
ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.

United kingdomDerrick dunneBarnett waddinghamJulia turneyLindsay jamesRichard carterWhilst the monetary policy committeeUs survey of consumer expectationsLabour forceLabour force surveyTransformed labour force surveyAutumn statementQuilter investorsMonetary policy committeeConsumer expectations

Rates to be higher for longer if experimental ONS data is true

"We can expect Bailey and his colleagues to push back even harder against the idea that rate cuts are around the corner," Dan Hanson said.

United kingdomAshley webbChris dorrellAndrew baileyDan hansonAndrew goodwinOffice for national statisticsLabour forceMonetary policyNational statisticsTransformed labour force surveyFinancial timesCapital economicsBloomberg economicsLabour force surveyOxford economics

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