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A Wealth of data: transforming ONS statistics on income, spending and wealth

Image of a piggy bank with a coin about to drop in

The ONS produces a range of statistics showing the income, spending and wealth of British households, together forming an important part of the overall picture of the economy. These statistics are a vital source of information for understanding people’s financial wellbeing including the effects from the rising cost of living. Adrian Chesson talks about the consultation launched today on our plans to transform these key statistics.  

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Understanding financial crises – What we know and what we’re doing

On 14 September 2007, Northern Rock became the first UK bank in 150 years to suffer a bank run. This is typically seen as the first sign of the Global Financial Crisis beginning to unfold in the UK. As we approach the tenth anniversary of this landmark moment, ONS has published analysis of its new ‘Flow of Funds’ data showing just how the risks built up in the run-up to the crisis. Richard Campbell explains…

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