Office for National Statistics

Sterling jumped 0.6% against the US dollar this morning, on the news wages in the UK grew at their fastest rate since 2001 in the three months to the end of April.

The month of May marked the end of the UK's brief spell of negative inflation, as rising fuel costs have pushed the CPI figure above the zero mark once again.

Sterling has pulled back against the dollar after a second estimate of Q1 UK GDP growth failed to produce the upwards revision expected by economists.

The UK's headline inflation rate avoided negative territory in March but core inflation saw a surprise drop to its lowest level in nine years, latest figures show.

UK economic growth in the fourth quarter of last year was stronger than previously thought, according to the latest estimate from the Office for National Statistics (ONS).

As inflation in the UK hits zero for the first time on record, industry experts share their views on what this means for the UK economy and investors.

The Office for National Statistics (ONS) has confirmed GDP in the UK expanded by 0.5% in the fourth quarter of 2014.

The UK's current account deficit widened faster than expected in the third quarter to reach a record high of £27bn.

Business investment fell by 0.7% in the third quarter despite a steadily growing economy, Office for National Statistics data has revealed.

UK debt