Office for National Statistics

The month of May marked the end of the UK's brief spell of negative inflation, but advisers and investors are being warned to beware the result.

Fears the UK economy is heading for a period of deflation have increased after the inflation rate dropped to zero for the first time since records began.

UK consumer prices inflation has fallen to a 15-year low of just 0.5%, driven by plunging oil prices.

The Office for National Statistics has confirmed UK Q3 GDP came in at 0.7% but revised down figures for the previous five quarters.

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

UK CPI inflation has fallen to its lowest level in five years, undershooting estimates as the impact of falling petrol prices dragged the headline level down near to 1%.

The Office for National Statistics has revised second quarter growth figures in the UK up from 0.8% to 0.9% in its final estimate.

UK CPI inflation fell for a sixth consecutive month in March to hit a fresh four-year low, according to latest figures from the Office for National Statistics.

Changes at the Office for National Statistics (ONS) which will count future pension rights as if they were present income will turn the UK into a nation of savers instantly, the Telegraph reports.

Unemployment in the UK fell by 63,000 to 2.33 million in the three months to January, according to the Office for National Statistics (ONS).