Osborne breathes a sigh of relief over borrowing figures
Figures show public borrowing has fallen slightly fulfilling a key pledge made by the Chancellor. But that is not the end of his troubles.
Figures show public borrowing has fallen slightly fulfilling a key pledge made by the Chancellor. But that is not the end of his troubles.
Weakening consumer confidence has led to a much worse than expected October for retailers. Retail sales volumes dropped 0.8% month-on-month.
The traders and locals on Horley High Street are determined to fight the seemingly endless tale of decline.
Unemployment increased by 7,000 between November and January to 2.52 million. The ONS figures also show the number of people claiming Jobseeker's Allowance last month fell by 1,500 to 1.54 million.
The average earnings of UK workers have been falling in real terms for the last three years and are now at 2003 levels, a new article from the Office for National Statistics has shown.
After three decades of strong growth, real wages peaked in 2009 at £12.25. Since then inflation has outstripped wage increases, leading to real wages of £11.92 in 2010 and £11.41 in 2011.
This means that real wages have dropped by almost 3% between 2010 and 2012.
House prices in the UK increased by 3.3% over a 12 month period up until December 2012, according to new figures released today by the Office for National Statistics.
The rise in property prices is up 2.2% from a 12 month window through to November last year.
House prices rose throughout most of the UK in 2012, but prices in Northern Ireland continued to fall.
The year-on-year housing price increase reflected growth of 3.4% in England, 2.4% in Wales and 3.1% in Scotland, which were offset by a decline of 5.7% in Northern Ireland.
Britain's spending habits vary dramtically with Londoners splashing out the most for restaurants while Northern Ireland leads the way with alcohol.
The survey by the Office For National Statistics gives a snapshot of life across the UK by comparing average weekly household expenditure between 2009 and 2011.
HIGHEST EXPENDITURE
LOWEST EXPENDITURE
The Office for National Statistics said the UK has recovered only half of the fall in GDP seen since the start of the 2008 recession, with output still 3.3% lower than its pre-recession level.
Crime came down sharply last year - but there has been controversy over exactly how much it fell.
Figures show police-recorded crimes dropped by almost a third over the last five years, but as ITV News UK Editor Lucy Manning reports, it is thought that up to 400,000 cases went unrecorded:
Analysis from the Office for National Statistics suggests there is a discrepancy between police records of crimes and the Crime Survey for England and Wales (CSEW).
The CSEW works by "asking people whether they have experienced any crime in the past year," whereas police records are based on officers recording offences in their patch.
The differences between these methods may give rise to discrepancies, although the exact reason why police records appear to overstate crime reduction is a matter of controversy.
He said there was a "culture and informal pressure of having targets and expectations" in police forces.
Another possibility for the discrepancy was that more low-level crimes were being dealt with informally and outside the formal crime recording system.
Mr Flatley also suggested it was also "possible" that reductions in police budgets and officers meant fewer offences were being recorded.
A spokesman for the Office for National Statistics (ONS) has said that the fall in the average age of mothers since 1973 could be due to several factors:
– ONS spokesmanPossible influences include increased participation in higher education, increased female participation in the labour force, the increasing importance of a career, the rising opportunity costs of child-bearing, labour market uncertainty, housing factors and instability of partnerships.
Just under 50% of women are waiting until they reach 30 to give birth, according to the latest figures from the Office for National Statistics.
In 2010, 48% of all infants born were to mothers aged 30 and over, up from 47% in 2009 and 46% in 2000.
The last time so many babies were born to women of this age was after the Second World War, in 1946.
The proportion of mothers under the age of 25 has fallen steadily since its peak in the early Seventies.