We’ve published the latest figures on business creation and closures from the from the Inter-Departmental Business Register (IDBR). Business creations in Quarter 2 (Apr to June) 2024 were 6.9% up on Quarter 2 2023, with increases in 14 out of 16 main industrial groups The most significant rise came from the business administration and support services industry. Business closures in Quarter 2 (Apr to June) 2024 were 10.2% lower than in Quarter 2 2023, with falls in 14 out of 16 main industrial groups The most significant decrease came from the transport and storage industry, followed by the retail industry. Read the full article ➡️ https://lnkd.in/e_DfG5Qc #BusinessCreastion #BusinessClosures #IDBR
Office for National Statistics
Government Administration
Newport, Wales 73,498 followers
The UK's largest independent producer of official statistics and the recognised national statistical institute of the UK
About us
We’re the Office for National Statistics (ONS), the UK’s largest independent producer of official statistics. The statistics we gather make a real difference, helping people make important decisions for the nation and our communities on everything from health and education to the environment and the cost of living. We’re responsible for the census that happens every ten years and share information and analysis about some of the UK’s most topical issues. To find out more about how you can join us at the ONS, email [email protected] or call 01633 455556. We don't monitor LinkedIn for messages, for general and statistical enquiries contact https://www.ons.gov.uk/aboutus/contactus/generalandstatisticalenquiries
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http://www.ons.gov.uk
External link for Office for National Statistics
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- Government Administration
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- 1,001-5,000 employees
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- Newport, Wales
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- Government Agency
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- Data, Statistics, Analysis, data science, civil service, government, public sector, economics, social research, socioeconomic, research, econometrics, census, and covid
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Employees at Office for National Statistics
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**Looking for new opportunities** Well-connected Senior Business Manager, Change Manager & Data Science. Network 1500
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Updates
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The household saving ratio peaked at 27.4% Quarter 2 (Apr to June) 2020 during the coronavirus (COVID-19) pandemic and the lockdown, which reduced households’ opportunity to spend. It then fell to 6.6% in Q2 2022, but has risen steadily since, to 11.1% in Quarter 1 (Jan to Mar) 2024. Read our full release ➡️ https://lnkd.in/e6UT-6Nd
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We're #Hiring. To find out more about this fantastic opportunity follow the advert below.
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We're #Hiring. To find out more about this fantastic opportunity follow the advert below.
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Public sector net borrowing excluding public sector banks was £14.5 billion in June 2024, £3.2 billion less than in June last year. This was the lowest June borrowing since 2019. Public sector net debt excluding public sector banks was £2,740.0 billion at the end of June 2024, provisionally estimated to be around 99.5% of the UK’s annual gross domestic product. Read more ➡️ https://lnkd.in/e2kGDFxn
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Retail sales fell back from May’s recent high point with falls across all main shop types, with the exception of petrol stations. Department stores, clothing shops and furniture stores were the biggest contributions to the fall. Across the second quarter as a whole, retail fell very slightly with notable falls in supermarket and clothing store sales, partially offset by growth in online stores. Read more ➡️ https://lnkd.in/esh3Jhdp
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Today we’ve published the latest UK labour market figures: Headline indicators for the UK labour market for March to May 2024 show: · employment was 74.4% · unemployment was 4.4% · economic inactivity was 22.1% The number of vacancies in April to June 2024 was 889,000, a decrease of 30,000 on the previous 3 months. Regular pay (excluding bonuses) in March to May 2024 was up 5.7% on the year before. From HMRC’s PAYE RTI data, the revised number of employees on the payroll was 54,000 up in May 2024 and provisional estimates for June 2024 were up by another 16,000. Read Labour market overview ➡️ https://lnkd.in/eXGvjdpu #LaboutMarket #Employment #Vacancies #Earnings
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UK house price growth continues to increase, reaching its highest annual rate since March 2023. Yorkshire saw the highest annual growth, with London still the lowest, though the capital saw an annual rise in prices for the first time in a year. Rental price rises slowed slightly, but remain near record annual rates across the country. Within England, London continued to see the strongest growth in rents, with the North East the lowest. Read more about the latest house prices and private rental prices ➡️ https://lnkd.in/dBr6yusH #HousePrices #PrivateRentalPrices
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The inflation rate was unchanged in June 2024. Hotel prices rose strongly while second-hand car costs fell but by less than this time last year. However, these were offset by falling clothing prices, with widespread sales driving down their cost. Meanwhile, the cost of both raw materials and goods leaving factories fell on the month, though factory gate prices remain above where they were a year ago. Read the full release ➡️ https://lnkd.in/eRVfpXgf
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The Integrated Data Service (IDS) showcased its analysis platform at #CivilServiceLive over the last month – highlighting the benefits of the platform to over 500 delegates and receiving keen interest and feedback. Read more about the IDS and its success at the event ➡️ https://lnkd.in/eNqBvJab