ONS shakes ‘confidence’ in economic data after latest errors; UK house prices ‘at record’ high – business live
The GuardianFriday, September 5, 2025 at 9:47:20 AM
NegativeFinancial Markets
The Office for National Statistics has admitted to errors in its retail sales data, raising concerns about the reliability of economic indicators. Meanwhile, UK house prices have reached a record high, highlighting a complex economic landscape.
Editor’s Note: This situation is significant as it undermines public trust in economic data, which is crucial for decision-making by businesses and policymakers. The record high in house prices also indicates ongoing challenges in the housing market.
— Curated by the World Pulse Now AI Editorial System
