• we cover more than 1,000 news per day, in 2 languages, and 83,000 stocks
Light Dark
it
italian it
english en

‘It’s a huge problem’: what’s gone wrong at the ONS and why does it matter?

www.theguardian.com 23-12-2024 04:00 1 Minutes reading

The UK’s number-crunching body is still playing catchup over job figures after the pandemic, with validity of survey data being questioned

The Office for National Statistics (ONS), with its number-crunchers and crack-of-dawn data dumps, is an unlikely backdrop for turmoil.

But in recent months the Newport-based institution has come under repeated attack over questionable jobs figures, which experts have said leave policymakers“flying blind”. On top of this, questions are now being asked about survey data used to formulate its GDP readings, which were revised down for the second and third quarters on Monday.

Continue reading...

Info

Related news
Morrisons offers discounts as IT glitch hits loyal...
23.12.24 04:39
by theguardian.com

Morrisons offers discounts as IT glitch hits loyalty cards and click-and-collect

Cardholders offered 10% off entire shop, as shoppers fear for Christmas food and drink orders

Morrisons shoppers have been left unsure whether their Christmas orders will arrive on time after the supermarket chain was hit by IT problems, prompting the retailer to offer discounts.

The supermarket chain is giving loyalty card holders 10% off an entire shop on Monday and on Christmas Eve after a glitch hit the promotional scheme, and it discounted prices on some items for all shoppers.

Continue reading...

Sentiment
-0.98
Bearish/Bullish
0