The Office for National Statistics said public sector net borrowing stood at £17.8 billion last month, up £10.1 billion on a year earlier.

It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November.

Several knife crime attacks have been reported in London in the space of just a few days since the New Year began.Incidents have included a 17-year-old left fighting for his life after being stabbed in the early hours of January 1 in Brixton.

However, Scotland and Northern Ireland saw increases in house prices. In comparison, average house prices in England fell by 2.9% to £302,000, while Wales experienced a 2.4% drop to £213,000. In contrast, Scotland saw a 2.2% annual rise to £194,000, and Northern Ireland had a 2.1% increase to £180,000.

House prices rose by £10,000 in the 12 months to November, according to official figures. The average property price rose 3.3 per cent in the year to November 2024, according to the Office for National Statistics, despite a fall of 0.4 per cent in the final month of that period.

House prices in City of London dropped in November, falling more than the average across London, new figures show.

Inflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.

In England, rents surged by 9.2%, pushing the average monthly cost to £1,369. In Wales, rents increased by 8.5%, bringing the average to £777, while in Scotland, rents rose more modestly by 6.9%, reaching £991. Northern Ireland saw an 8.6% rise in rents over the year to October.

Slower inflation provides ‘welcome’ boost to London markets - The FTSE 100 finished 99.59 points, or 1.21%, higher to end the day at 8,301.13.

Office for National Statistics workers, who are members of PCS, also voted for strike action over office attendance policies, and union members at the Metropolitan Police will take a similar vote ...

Democrat voters particularly on the liberal east or west coasts are leaving for more liberal countries during Donald Trump's second term after his inauguration yesterday.

At the other end of the scale, Greenwich Town & Park ranks as the priciest neighbourhood, with a median house price of £668,000. Its charm lies in its historic streets, proximity to the Royal Observatory and Greenwich Park, and vibrant town centre.