Gold, in addition to being a hit song by Spandau Ballet, is widely used as a store of value. London is one of the global centres of trading in this commodity, meaning it is an important business for the UK. For many countries the effect of gold on their trade figures is small, but the prominence of the industry in London means it can have a sizeable impact on the UK’s trade figures.Read more on It’s indestructible – but can we always believe in (the UK trade figures with the disaggregated effect of the international trade in non-monetary) GOLD?
The subject of how much the UK pays to the EU has been debated widely. The numbers used are principally based on figures reported by the ONS in our annual publication ‘The UK Balance of Payments’ which is often referred to as the Pink Book. So how do UK contributions to the EU work, and what does the Pink Book say?Read more on How EU contributions are calculated
The gender pay gap is +8.6 per cent for full-time employees but -4.4 per cent for part-timers. So one might expect the average for all workers to be somewhere between those figures, but actually it is higher than either, at +17.9 per cent. What’s the reason for that? And how is this puzzle linked with the work of one of the Bletchley Park codebreakers? Jonathan Athow explains.Read more on Decoding the gender pay gap: how a Bletchley Park codebreaker helped explain a strange paradox
Investing in research and development (R&D) is one of the key ways that businesses can improve their competitiveness and increase their productivity, an important driver of growth. Here, Office for National Statistics’s (ONS) Deputy National Statistician for Economic Statistics Jonathan Athow looks at the importance of R&D and how the ONS goes about capturing it in its figures, which it publishes in its Gross domestic expenditure on research and development (GERD) release.Read more on Everybody’s heard about the GERD – measuring measures R&D spending at ONS
For months now, UK employment has been sitting at or near record highs. Naturally there has been speculation about what is driving the increase, and whether it is mainly because of people on ‘zero hours contracts.’ Jonathan Athow delves into the figures to show how we measure this important figure and what being ‘unemployed’ actually means for official statistics.Read more on Working 9 to 5? – How we count unemployment and what the numbers show