Latest news with #TheStatisticsAuthority
Rhyl Journal
11 hours ago
- Business
- Rhyl Journal
ONS delays retail sales data to address quality issues
It is the latest in a string of setbacks regarding data published by the statistics body. On Tuesday, the ONS revealed that its planned release of retail sales data for July 'is being postponed to allow for further quality assurance'. A total and utter shambles in the management of official statistics in the UK. A 2-week delay to check sone details of the Retail Sales Index? A totally excessive delay. What is the so-called regulator The Statistics Authority doing about this? Nothing, as usual. Shocking! — Andrew Sentance (@asentance) August 19, 2025 'We apologise for any inconvenience caused,' it added. The ONS said the data, which is closely watched as a barometer of consumer spending behaviour, will now be released two weeks later on Friday September 5. The organisation has faced criticism in recent months due to other issues facing its economic statistics, which are routinely used by the country's policymakers. It has been under particular fire for issues related to its labour market data, with recent criticism from Bank of England and Treasury officials. Late last year, the organisation said it might not be able to replace its current labour force survey with a more accurate version until 2027. There have also been delays and major adjustments to the ONS's trade data and producer price figures this year. In June, a review led by Sir Robert Devereux found there were 'deep-seated' issues with the statistics body and called for a major overhaul. In a post on X, former CBI director of economic affairs Andrew Sentance said the latest delay was a 'total and utter shambles'.
South Wales Guardian
17 hours ago
- Business
- South Wales Guardian
ONS delays retail sales data to address quality issues
It is the latest in a string of setbacks regarding data published by the statistics body. On Tuesday, the ONS revealed that its planned release of retail sales data for July 'is being postponed to allow for further quality assurance'. A total and utter shambles in the management of official statistics in the UK. A 2-week delay to check sone details of the Retail Sales Index? A totally excessive delay. What is the so-called regulator The Statistics Authority doing about this? Nothing, as usual. Shocking! — Andrew Sentance (@asentance) August 19, 2025 'We apologise for any inconvenience caused,' it added. The ONS said the data, which is closely watched as a barometer of consumer spending behaviour, will now be released two weeks later on Friday September 5. The organisation has faced criticism in recent months due to other issues facing its economic statistics, which are routinely used by the country's policymakers. It has been under particular fire for issues related to its labour market data, with recent criticism from Bank of England and Treasury officials. Late last year, the organisation said it might not be able to replace its current labour force survey with a more accurate version until 2027. There have also been delays and major adjustments to the ONS's trade data and producer price figures this year. In June, a review led by Sir Robert Devereux found there were 'deep-seated' issues with the statistics body and called for a major overhaul. In a post on X, former CBI director of economic affairs Andrew Sentance said the latest delay was a 'total and utter shambles'.
Leader Live
17 hours ago
- Business
- Leader Live
ONS delays retail sales data to address quality issues
It is the latest in a string of setbacks regarding data published by the statistics body. On Tuesday, the ONS revealed that its planned release of retail sales data for July 'is being postponed to allow for further quality assurance'. A total and utter shambles in the management of official statistics in the UK. A 2-week delay to check sone details of the Retail Sales Index? A totally excessive delay. What is the so-called regulator The Statistics Authority doing about this? Nothing, as usual. Shocking! — Andrew Sentance (@asentance) August 19, 2025 'We apologise for any inconvenience caused,' it added. The ONS said the data, which is closely watched as a barometer of consumer spending behaviour, will now be released two weeks later on Friday September 5. The organisation has faced criticism in recent months due to other issues facing its economic statistics, which are routinely used by the country's policymakers. It has been under particular fire for issues related to its labour market data, with recent criticism from Bank of England and Treasury officials. Late last year, the organisation said it might not be able to replace its current labour force survey with a more accurate version until 2027. There have also been delays and major adjustments to the ONS's trade data and producer price figures this year. In June, a review led by Sir Robert Devereux found there were 'deep-seated' issues with the statistics body and called for a major overhaul. In a post on X, former CBI director of economic affairs Andrew Sentance said the latest delay was a 'total and utter shambles'.
Glasgow Times
a day ago
- Business
- Glasgow Times
ONS delays retail sales data to address quality issues
It is the latest in a string of setbacks regarding data published by the statistics body. On Tuesday, the ONS revealed that its planned release of retail sales data for July 'is being postponed to allow for further quality assurance'. A total and utter shambles in the management of official statistics in the UK. A 2-week delay to check sone details of the Retail Sales Index? A totally excessive delay. What is the so-called regulator The Statistics Authority doing about this? Nothing, as usual. Shocking! — Andrew Sentance (@asentance) August 19, 2025 'We apologise for any inconvenience caused,' it added. The ONS said the data, which is closely watched as a barometer of consumer spending behaviour, will now be released two weeks later on Friday September 5. The organisation has faced criticism in recent months due to other issues facing its economic statistics, which are routinely used by the country's policymakers. It has been under particular fire for issues related to its labour market data, with recent criticism from Bank of England and Treasury officials. Late last year, the organisation said it might not be able to replace its current labour force survey with a more accurate version until 2027. There have also been delays and major adjustments to the ONS's trade data and producer price figures this year. In June, a review led by Sir Robert Devereux found there were 'deep-seated' issues with the statistics body and called for a major overhaul. In a post on X, former CBI director of economic affairs Andrew Sentance said the latest delay was a 'total and utter shambles'.
North Wales Chronicle
a day ago
- Business
- North Wales Chronicle
ONS delays retail sales data to address quality issues
It is the latest in a string of setbacks regarding data published by the statistics body. On Tuesday, the ONS revealed that its planned release of retail sales data for July 'is being postponed to allow for further quality assurance'. A total and utter shambles in the management of official statistics in the UK. A 2-week delay to check sone details of the Retail Sales Index? A totally excessive delay. What is the so-called regulator The Statistics Authority doing about this? Nothing, as usual. Shocking! — Andrew Sentance (@asentance) August 19, 2025 'We apologise for any inconvenience caused,' it added. The ONS said the data, which is closely watched as a barometer of consumer spending behaviour, will now be released two weeks later on Friday September 5. The organisation has faced criticism in recent months due to other issues facing its economic statistics, which are routinely used by the country's policymakers. It has been under particular fire for issues related to its labour market data, with recent criticism from Bank of England and Treasury officials. Late last year, the organisation said it might not be able to replace its current labour force survey with a more accurate version until 2027. There have also been delays and major adjustments to the ONS's trade data and producer price figures this year. In June, a review led by Sir Robert Devereux found there were 'deep-seated' issues with the statistics body and called for a major overhaul. In a post on X, former CBI director of economic affairs Andrew Sentance said the latest delay was a 'total and utter shambles'.
