The document summarizes the impact of the COVID-19 pandemic on UK finance based on an analysis by the Office for National Statistics. It finds that banks raised lending of loans during the pandemic while households and businesses raised deposits. Households and private businesses increased their loan liabilities following the pandemic. Government emergency loan programs supported small and medium-sized enterprises across most industries. Households and businesses significantly increased their currency and deposit assets in 2020. Overall, the availability of loans rose in contrast to the 2008 financial crisis.
Welcome to the monthly Economic and Public Policy Forum. Here we showcase the latest economic and social developments with a wide range of analytic topics. Each month we will feature ‘State of the Economy’, providing a stocktake of the latest trends and developments.
A one-day event which discussed how the cost of living is affecting the UK economy and what this means for different households, informed by the range of statistics that the Office for National Statistics (ONS) produces.
ONS Local has been established by the Office for National Statistics (ONS) to support evidence-based decision-making at the local level. We aim to host insightful events that connect our users with exciting developments happening in subnational statistics and analysis at the ONS and across other organisations.
On 22 March ONS released this year's housing affordability ratios for local authorities. In this webinar, we discussed:
- The long-term and emerging patterns in the data
- The data quality of this year's figures
- The impact of covid-19 on the estimates
We'd be interested in hearing your feedback on the estimates, especially if you or colleagues are involved in the Local Housing Needs or Housing Delivery Target process.
At the same time ONS has been enabled (and challenged) to produce new tables, visualisations and analyses which we'll showcase, such as:
- Census 2021 housing topic report and maps
- Purchase affordability (household income based affordability, for Scotland, Wales, England and its regions)
- Private rental affordability (for NI, Wales, England and its regions)
- Energy efficiency of housing (down to LSOA level, for England and Wales)
- Cost of Living research, by tenure (national)
We talked about future ONS housing releases, and some of the range of new country-level cost of living analyses.
If you have any questions, please contact ons.local@ons.gov.uk
Join us for this ONS webinar with the Climate Change Coordination and Analysis team, in collaboration with the Integrated Data Service Dissemination team. It will showcase the latest version 2.0 of the UK Climate Change Statistics Portal, which launched on 27 October 2022.
At this seminar you will hear from Daniel Arribas-Bel who is a Professor in Geographic Data Science at the University of Liverpool, and Deputy Programme Director for Urban Analytics at the Alan Turing Institute. Daniel will be presenting on "Making it easy for regional scientists to consider (urban) form & function".
Welcome to the monthly Economic and Public Policy Forum. Here we showcase the latest economic and social developments with a wide range of analytic topics. Each month we will feature ‘State of the Economy’, providing a stocktake of the latest trends and developments.
A one-day event which discussed how the cost of living is affecting the UK economy and what this means for different households, informed by the range of statistics that the Office for National Statistics (ONS) produces.
ONS Local has been established by the Office for National Statistics (ONS) to support evidence-based decision-making at the local level. We aim to host insightful events that connect our users with exciting developments happening in subnational statistics and analysis at the ONS and across other organisations.
On 22 March ONS released this year's housing affordability ratios for local authorities. In this webinar, we discussed:
- The long-term and emerging patterns in the data
- The data quality of this year's figures
- The impact of covid-19 on the estimates
We'd be interested in hearing your feedback on the estimates, especially if you or colleagues are involved in the Local Housing Needs or Housing Delivery Target process.
At the same time ONS has been enabled (and challenged) to produce new tables, visualisations and analyses which we'll showcase, such as:
- Census 2021 housing topic report and maps
- Purchase affordability (household income based affordability, for Scotland, Wales, England and its regions)
- Private rental affordability (for NI, Wales, England and its regions)
- Energy efficiency of housing (down to LSOA level, for England and Wales)
- Cost of Living research, by tenure (national)
We talked about future ONS housing releases, and some of the range of new country-level cost of living analyses.
If you have any questions, please contact ons.local@ons.gov.uk
Join us for this ONS webinar with the Climate Change Coordination and Analysis team, in collaboration with the Integrated Data Service Dissemination team. It will showcase the latest version 2.0 of the UK Climate Change Statistics Portal, which launched on 27 October 2022.
At this seminar you will hear from Daniel Arribas-Bel who is a Professor in Geographic Data Science at the University of Liverpool, and Deputy Programme Director for Urban Analytics at the Alan Turing Institute. Daniel will be presenting on "Making it easy for regional scientists to consider (urban) form & function".
Welcome to the monthly economic forum. Here we will be showcasing the latest economic and social developments with a wide range of analytic topics. Each month we will feature 'State of the Economy', providing a stocktake of the latest trends and developments.
These are the slides presented at the Economic Forum on 26 September 2022.
Presentations this month:
Energy spending by businesses
We present our analysis of businesses' energy spending from the Annual Business Survey 2019 and the Annual Purchases Survey 2018 and the resulting experimental measures of energy intensity. We present how energy intensity varies across and within industries, by energy type and firm size, and depending on the type of measure used.
Tightness in the labour market
We will be presenting analysis of various measures of labour market slack and the relationship between industry unemployment and vacancies.
Welcome to the monthly ONS Economic Forum. Here we will be showcasing the latest ONS economic and social analysis on a range of analytic topics to reflect latest current affairs and global developments.
To coincide with COP-27, presentations this month include:
Climate Change Insights – a look at our quarterly publication that brings together climate change-related statistics and analysis from a range of sources. This presentation will focus on the upcoming publication, out on 11 November, which has a focus on land use, including changes in habitat types, farming practices, and the impact of temperature on agriculture and wildlife
European comparisons of greenhouse gases – this presentation looks at Eurostat and ONS data on greenhouse gas emissions resulting from economic activity across member states, as well as the UK, covering greenhouse gases, CO2 emissions, fossil fuel extraction and environmental tax revenues
Measuring Green Jobs – a brief summary of our work exploring how to measure green jobs, and plans for upcoming work on this topic
This half day virtual event was opened by ONS senior leaders, offering their perspective on ONS ambitions for business statistics.
Attendees will hear updates from the producers of key UK business surveys, data, statistics and projects, including:
Annual Business Survey (ABS)
Annual Purchases Survey (APS)
Business Enterprise Research and Development (BERD) survey
Government Research and Development (GovERD) survey
Business Insights and Conditions Survey (BICS)
Regional Gross Domestic Product
Inter-Departmental Business Register (IDBR) and transformation to the Statistics Business Register (SBR)
Longitudinal Business Database (LBD) and other linked business microdata
Secure Research Service (SRS) and transformation to the Integrated Data Service (IDS)
Thanks to the popularity of internet and social media, the information that Vietnamese receive become more versatile. So what are the effective information for them?
This survey is conducted in order to track the trend of usage and trusted information sources.
GroupM conducted a widespread and intensive research to understand where consumer spending, retailers and advertisers are likely to go from the current state of economy, market, e-commerce platforms and investing, they studied the largest markets and companies providing data and estimated that over the next one to three years, retail media will likely see
greater competition, more frequent decoupling of data from inventory and greater participation by non-endemic brands.
How does Vietnmaese singles cook / eat out usually? Q&Me has investigated their life of diet, as well as their differences of thoughts among cooking between male / female
Transitionnons donc - Science Po - Novembre 2021Joëlle Leconte
L'Association de l'Ecole d'Affaires Publiques de Sciences Po a accueilli le lundi 22 novembre 2021, Delphine Batho et Jean-Marc Jancovici pour une conférence exceptionnelle sur les blocages et solutions de la transition écologique.
5 XU HƯỚNG NGƯỜI TIÊU DÙNG CẦN...
1. Sự khác nhau giữa các vùng miền
2. Người tiêu dùng thích sản phẩmmới, nhưng họ khá dè chừng với những sản phẩm này
3. Digital như một phần tất yếu
4. Sự bùng nổ của Ecommerce
5. Sự bền vững, an toàn và thân thiện của sản phẩm
Diaporama de la conférence de Jancovici "L'habitat du futur" au College de Fr...Joëlle Leconte
Dans le cadre de la chaire de Didier Roux au Collège de France : "Découverte fondamentale, invention technologique, innovation : un voyage scientifique", Jean-Marc Jancovici a fait un cours sur l'habitat du futur : "Le carbone, la planète, le bâtiment et moi et moi et moi ..." au Collège de France le 28 avril 2017.
Vidéo : https://www.youtube.com/watch?v=pTemrmX1Eqs&feature=youtu.be
US consumers exhibited strong optimism and spend in October, driven by consumers across the age and income spectrum.
Check back for regular updates on US consumer sentiments, behaviors, income, spending, and expectations.
US consumers exhibited strong optimism and spend in October, driven by consumers across the age and income spectrum.
Check back for regular updates on US consumer sentiments, behaviors, income, spending, and expectations.
Welcome to the monthly economic forum. Here we will be showcasing the latest economic and social developments with a wide range of analytic topics. Each month we will feature 'State of the Economy', providing a stocktake of the latest trends and developments.
These are the slides presented at the Economic Forum on 26 September 2022.
Presentations this month:
Energy spending by businesses
We present our analysis of businesses' energy spending from the Annual Business Survey 2019 and the Annual Purchases Survey 2018 and the resulting experimental measures of energy intensity. We present how energy intensity varies across and within industries, by energy type and firm size, and depending on the type of measure used.
Tightness in the labour market
We will be presenting analysis of various measures of labour market slack and the relationship between industry unemployment and vacancies.
Welcome to the monthly ONS Economic Forum. Here we will be showcasing the latest ONS economic and social analysis on a range of analytic topics to reflect latest current affairs and global developments.
To coincide with COP-27, presentations this month include:
Climate Change Insights – a look at our quarterly publication that brings together climate change-related statistics and analysis from a range of sources. This presentation will focus on the upcoming publication, out on 11 November, which has a focus on land use, including changes in habitat types, farming practices, and the impact of temperature on agriculture and wildlife
European comparisons of greenhouse gases – this presentation looks at Eurostat and ONS data on greenhouse gas emissions resulting from economic activity across member states, as well as the UK, covering greenhouse gases, CO2 emissions, fossil fuel extraction and environmental tax revenues
Measuring Green Jobs – a brief summary of our work exploring how to measure green jobs, and plans for upcoming work on this topic
This half day virtual event was opened by ONS senior leaders, offering their perspective on ONS ambitions for business statistics.
Attendees will hear updates from the producers of key UK business surveys, data, statistics and projects, including:
Annual Business Survey (ABS)
Annual Purchases Survey (APS)
Business Enterprise Research and Development (BERD) survey
Government Research and Development (GovERD) survey
Business Insights and Conditions Survey (BICS)
Regional Gross Domestic Product
Inter-Departmental Business Register (IDBR) and transformation to the Statistics Business Register (SBR)
Longitudinal Business Database (LBD) and other linked business microdata
Secure Research Service (SRS) and transformation to the Integrated Data Service (IDS)
Thanks to the popularity of internet and social media, the information that Vietnamese receive become more versatile. So what are the effective information for them?
This survey is conducted in order to track the trend of usage and trusted information sources.
GroupM conducted a widespread and intensive research to understand where consumer spending, retailers and advertisers are likely to go from the current state of economy, market, e-commerce platforms and investing, they studied the largest markets and companies providing data and estimated that over the next one to three years, retail media will likely see
greater competition, more frequent decoupling of data from inventory and greater participation by non-endemic brands.
How does Vietnmaese singles cook / eat out usually? Q&Me has investigated their life of diet, as well as their differences of thoughts among cooking between male / female
Transitionnons donc - Science Po - Novembre 2021Joëlle Leconte
L'Association de l'Ecole d'Affaires Publiques de Sciences Po a accueilli le lundi 22 novembre 2021, Delphine Batho et Jean-Marc Jancovici pour une conférence exceptionnelle sur les blocages et solutions de la transition écologique.
5 XU HƯỚNG NGƯỜI TIÊU DÙNG CẦN...
1. Sự khác nhau giữa các vùng miền
2. Người tiêu dùng thích sản phẩmmới, nhưng họ khá dè chừng với những sản phẩm này
3. Digital như một phần tất yếu
4. Sự bùng nổ của Ecommerce
5. Sự bền vững, an toàn và thân thiện của sản phẩm
Diaporama de la conférence de Jancovici "L'habitat du futur" au College de Fr...Joëlle Leconte
Dans le cadre de la chaire de Didier Roux au Collège de France : "Découverte fondamentale, invention technologique, innovation : un voyage scientifique", Jean-Marc Jancovici a fait un cours sur l'habitat du futur : "Le carbone, la planète, le bâtiment et moi et moi et moi ..." au Collège de France le 28 avril 2017.
Vidéo : https://www.youtube.com/watch?v=pTemrmX1Eqs&feature=youtu.be
US consumers exhibited strong optimism and spend in October, driven by consumers across the age and income spectrum.
Check back for regular updates on US consumer sentiments, behaviors, income, spending, and expectations.
US consumers exhibited strong optimism and spend in October, driven by consumers across the age and income spectrum.
Check back for regular updates on US consumer sentiments, behaviors, income, spending, and expectations.
Spend not splurge – consumers point to muted sales
Optimism for an economic rebound has peaked, with young consumers the most optimistic
Despite this, spending intent is negative for many categories, though improved from February
Spend not splurge – consumers point to muted sales
Optimism for an economic rebound has peaked, with young consumers the most optimistic
Despite this, spending intent is negative for many categories, though improved from February
UK consumers are pessimistic about the economy. Rising prices and the invasion of Ukraine are top concerns, and consumers are trading down significantly.
In the United Kingdom, consumers are most concerned about rising prices and the invasion of Ukraine. Their views of the current and future state of the economy are extremely pessimistic, worse than throughout the entire COVID-19 pandemic. Spend for groceries and gasoline soared, while consumers reduced spend in non-essential categories. Almost two-thirds of consumers have assumed new shopping behaviors in the last four to six weeks, with more than four out of ten trying private label. Trade-down in retailers visited and brands is evident, with the key drivers of choice being prices and value for money.
Pessimism about recovery is at an all-time high in the United Kingdom. Rising prices are the top concern, with consumers significantly trading down in stores and products. UK consumers are feeling great economic uncertainty. With energy and transport costs eating away at consumer savings and non-food spend, the top reasons given by survey participants for economic anxiety are the gas supply, supply-chain shortages, and energy issues. Consumers report the highest perceived price increases in groceries and household supplies, with two-thirds becoming more conscious about energy usage. Half of consumers changed their grocery brands in the last four to six weeks, with trading down a clear trend: price and value were the strongest drivers here.
Pessimism about recovery is at an all-time high in the United Kingdom. Rising prices are the top concern, with consumers significantly trading down in stores and products. UK consumers are feeling great economic uncertainty. With energy and transport costs eating away at consumer savings and non-food spend, the top reasons given by survey participants for economic anxiety are the gas supply, supply-chain shortages, and energy issues. Consumers report the highest perceived price increases in groceries and household supplies, with two-thirds becoming more conscious about energy usage. Half of consumers changed their grocery brands in the last four to six weeks, with trading down a clear trend: price and value were the strongest drivers here.
Despite an ongoing lockdown, German consumers’ expectations for economic recovery are stable, with half believing their routines will return to normal by the end of 2021.
These exhibits are based on survey data collected in Germany from February 23–27, 2021. Check back for regular updates on German consumer sentiments, behaviors, income, spending, and expectations.
Despite an ongoing lockdown, German consumers’ expectations for economic recovery are stable, with half believing their routines will return to normal by the end of 2021.
These exhibits are based on survey data collected in Germany from February 23–27, 2021. Check back for regular updates on German consumer sentiments, behaviors, income, spending, and expectations.
Despite an ongoing lockdown, German consumers’ expectations for economic recovery are stable, with half believing their routines will return to normal by the end of 2021.
These exhibits are based on survey data collected in Germany from February 23–27, 2021. Check back for regular updates on German consumer sentiments, behaviors, income, spending, and expectations.
Across the continent, the pattern holds: Europeans are anxious about the state of their countries’ economies, and pessimistic about the future. Price inflation and the war in Ukraine overshadow other concerns, and these anxieties in turn are causing confidence in household finances and national economies to plummet, especially among low-income households and the elderly. As consumers worry about spending ever more on food, transport and fuel, they cut back on less essential items. Most say they’ve changed their shopping behaviors in recent months, trading down to more affordable brands and retailers. With no relief clearly in sight, 2022 continues to prove an unusually challenging year for the embattled continental consumer.
This document is meant to help with a narrower goal: provide facts and insights on the current COVID-19 crisis to help marketers and business decision makers. In addition to the humanitarian challenge, there are implications for the wider economy, businesses, and employment. This document includes consumer insights from third-party data providers between February 2019 and August 2021, as well as longitudinal surveys conducted between March 2020 and August 2021, in the United States. Check back for regular updates on US consumer sentiments, behaviors, income, spending, and expectations.
Chinese consumers’ optimism hit a new high in October. More than 80 percent say they are returning to normal routines—and many embrace digital shopping.
These exhibits are based on survey data collected in China from October 15 to 22, 2021. Check back for regular updates on Chinese consumer sentiments, behaviors, income, spending, and expectations.
Spanish consumers are primarily concerned about inflation and the invasion of Ukraine, and are becoming increasingly pessimistic about the economy.
Only 14 percent of Spanish consumers are optimistic about economic recovery, with concerns focused on inflation and the invasion of Ukraine. Four in ten have an increasingly negative sense of the economic outlook—mostly due to petrol and supply-chain shortages, as well as unemployment. Price-increase Perceptions of price increases are particularly high regarding groceries (at 95 percent) and other household products. In these categories, more than half of respondents have reacted to inflation by trying less costly brands. Over the last six weeks, half have tried a private-label brand, 30 percent have switched brands, and a quarter have tried out a different retailer.
Belgian confidence about the economy during the COVID-19 crisis is beginning to increase, but spending intent is still below pre-COVID-19 levels.
These exhibits are based on survey data collected in Belgium from June 18–21, 2020. Check back for regular updates on Belgian consumer sentiments, behaviors, income, spending, and expectations.
Spanish consumers’ overall economic pessimism has decreased since November, but caution about engaging in out-of-home activities continues.
These exhibits are based on survey data collected in Spain from February 23–27, 2021. Check back for regular updates on Spanish consumer sentiments, behaviors, income, spending, and expectations.
Despite ongoing lockdowns, European optimism about economic recovery remains steady, except in the United Kingdom, where it is at its highest of the pandemic.
These exhibits are based on survey data collected in the France, Germany, Italy, Spain, and the United Kingdom from February 23–27, 2021. Check back for regular updates on the European consumer sentiments, behaviors, income, spending, and expectations.
While American optimism on economic recovery continues to recover, over half of US consumers do not expect their routines to return until the latter half of 2021.
These exhibits are based on survey data collected in US from November 9–13, 2020. Check back for regular updates on American consumer sentiments, behaviors, income, spending, and expectations.
In China, almost all consumers have already returned to normal out-of-home activities, and 97 percent of respondents report working outside the home in the two weeks prior to being surveyed.
These exhibits are based on survey data collected in China from Feb. 20 to March 8, 2021. Check back for regular updates on Chinese consumer sentiments, behaviors, income, spending, and expectations.
This presentation covers the key question: Why dashboards? Local authorities and other public bodies have largely ended publishing reports and now produce dashboards. What are the factors that have contributed to this change?
This is the first presentation from our Workshop on 21 September 2023 on Dashboards, APIs and PowerBI.
ONS Local has been established by the Office for National Statistics (ONS) to support evidence-based decision-making at the local level. We aim to host insightful events that connect our users with exciting developments happening in subnational statistics and analysis at the ONS and across other organisations.
In April 2022, as the impact of increases in the Cost of Living really came to the forefront, Public Health & Communities, Suffolk County Council published a Cost of Living profile as part of the Joint Strategic Needs Assessment.
Alongside a written Cost of Living report ‘Making ends meet: The cost of living in Suffolk’, an interactive dashboard was also created using Power BI. In addition to internal data flows, publicly available data from sources such as the ONS have been used to provide a rich picture of the current situation for the local community.
The dashboard was developed in order to:
• Provide up to date data and information on the Cost of Living for Suffolk County Council, partner organisations, and members of the public.
• Deliver an interactive tool to allow users to focus on areas most relevant to them.
• Demonstrate that, while increases in the cost of living affect everyone, impact will be greatest for those who are already under financial pressure, exacerbating inequalities.
• Provide a source of actionable insight to support the system with the evidence base needed to support project development, drive change and really make a difference in the community.
Features of the dashboard:
• Place-focused - published at smaller geographies where possible
• Collaborative - Includes local data from across the system such as data shared by Citizens Advice and other system partners.
• Automated - Most data sources have automated connections, meaning there is little manual intervention required.
• Self-Service - Making the report publicly available puts data at the fingertips of colleagues, system partners and members of the public.
• Live - The dashboard is a living report which is frequently updated.
This session will:
• Provide a demonstration of Suffolk County Council’s Cost of Living dashboard
• Give an overview of data sources
• Explore opportunities for automation using Power BI
• Discuss how the data dashboard is used locally
This event is open to all; however, we anticipate it will be of most interest to anyone working on cost of living dashboards at the local level.
If you have any questions, please contact ons.local@ons.gov.uk.
ONS Local has been established by the Office for National Statistics (ONS) to promote evidence-based decision-making at the local level. We aim to host insightful workshops which will provide practical, technical support to help users make the most of ONS data. The Cross-Government Data Science Community brings together data scientists and analysts to build data science capability across the UK governments and public sector.
We are delighted to welcome you to our inaugural Workshop in our new series, entitled: 'How to use APIs'. The session will cover what Application Programming Interfaces (APIs) are, the advantages in using them and a practical demonstration of how they can be used. The journey of two Local Authority analysts as they begin using APIs in place of manual processes will be showcased to the audience. The session will conclude by explaining the plan for the forthcoming series of Workshops that will begin in September and introducing the Slack channel that ONS Local and Cross-Government DS community will be using to support users' technical questions going forward.
This event is open to all; however, we anticipate it will be of most interest to anyone working at a local level on creating data dashboards for internal or external use.
If you have any questions, please contact ons.local@ons.gov.uk.
ONS Local has been established by the Office for National Statistics (ONS) to promote evidence-based decision-making at the local level. We aim to host insightful workshops which will provide practical, technical support to help users make the most of ONS data. The Cross-Government Data Science Community brings together data scientists and analysts to build data science capability across the UK governments and public sector.
We are delighted to welcome you to our inaugural Workshop in our new series, entitled: 'How to use APIs'. The session will cover what Application Programming Interfaces (APIs) are, the advantages in using them and a practical demonstration of how they can be used. The journey of two Local Authority analysts as they begin using APIs in place of manual processes will be showcased to the audience. The session will conclude by explaining the plan for the forthcoming series of Workshops that will begin in September and introducing the Slack channel that ONS Local and Cross-Government DS community will be using to support users' technical questions going forward.
This event is open to all; however, we anticipate it will be of most interest to anyone working at a local level on creating data dashboards for internal or external use.
If you have any questions, please contact ons.local@ons.gov.uk.
ONS Local has been established by the Office for National Statistics (ONS) to promote evidence-based decision-making at the local level. We aim to host insightful workshops which will provide practical, technical support to help users make the most of ONS data. The Cross-Government Data Science Community brings together data scientists and analysts to build data science capability across the UK governments and public sector.
We are delighted to welcome you to our inaugural Workshop in our new series, entitled: 'How to use APIs'. The session will cover what Application Programming Interfaces (APIs) are, the advantages in using them and a practical demonstration of how they can be used. The journey of two Local Authority analysts as they begin using APIs in place of manual processes will be showcased to the audience. The session will conclude by explaining the plan for the forthcoming series of Workshops that will begin in September and introducing the Slack channel that ONS Local and Cross-Government DS community will be using to support users' technical questions going forward.
This event is open to all; however, we anticipate it will be of most interest to anyone working at a local level on creating data dashboards for internal or external use.
If you have any questions, please contact ons.local@ons.gov.uk.
ONS Local has been established by the Office for National Statistics (ONS) to support evidence-based decision-making at the local level. We aim to host insightful events that connect our users with exciting developments happening in subnational statistics and analysis at the ONS and across other organisations.
From 1 August 2019, the Secretary of State for Education delegated responsibility for the commissioning, delivery and management of London’s Adult Education Budget (AEB) to the Mayor of London. The AEB helps Londoners to get the skills they need to progress both in life and work. The overarching aim of London’s AEB is to make adult education in London even more accessible, impactful and locally relevant.
In this presentation, the Greater London Authority will be going through the results of the pioneering 2021/22 London Learner Survey (LLS). The survey’s objective is to gain insight into the outcomes of learners to inform and improve policy. The LLS consists of two linked surveys of learners who participated in GLA-funded Adult Education Budget (AEB) learning in the academic year 2021/22.
In the LLS, Learners are surveyed prior to and 5-7 months after completing their course to estimate the economic and social changes that learners experience following an AEB course.
In particular, the presentation will show the economic impact broken down by:
. Progression into employment
. Progression within work
. Progression into further learning.
The social impact will be explored by looking at changes in:
. Health and wellbeing
. Improved self-efficacy
. Improved social integration
. Participation in volunteering
The presentation will also cover how outcomes vary by funding type, breaking down the results by Community Learning and Adult Skills.
This event is open to all; however, we anticipate it will be of most interest to anyone working at a local level on skills, education and employment.
If you have any questions, please contact ons.local@ons.gov.uk.
ONS Local has been established by the Office for National Statistics (ONS) to support evidence-based decision-making at the local level. We aim to host insightful events that connect our users with exciting developments happening in subnational statistics and analysis at the ONS and across other organisations.
Are you interested in finding, visualising, comparing and downloading a wide range of geographically granular datasets in one place? If so, this webinar is definitely for you!
We will present ONS plans for the development of Explore Subnational Statistics (ESS), a public-facing digital service that will allow users to find out more about local areas across the UK.
We will retrace the main milestones in our journey to date, starting from the launch of ESS vision in the GSS subnational data strategy, then taking a closer look at the Subnational Indicators Explorer, and, finally, outlining a roadmap towards the Beta version of the service.
This event is open to all, however we anticipate it will be of most interest to anyone working at a local level, with data on the policy themes of economy, transport connectivity, education, skills, health and wellbeing, or interested in data visualisation products.
If you have any questions, please contact onslocal@ons.gov.uk
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Chief Economist and Director of
Macroeconomic Statistics and Analysis
@GrantFitzner
Economic Forum
Grant Fitzner
@ONSfocus #economicforum slido #11921
3. Agenda
09:30 – 09:35 Welcome and introduction – Grant Fitzner, Chief Economist, Office
for National Statistics
09:35 – 09:45 State of the UK Economy – Sam Beckett, Second Permanent
Secretary, Office for National Statistics
09:45 – 09:55 Worries about the rising cost of living in Great Britain - Ben
Windsor-Shellard, Office for National Statistics
09:55 – 10:05 Impact on UK finance during the coronavirus (COVID 19)
pandemic: June 2022 – Muhammed Khaliq, Office for National
Statistics
10:05 – 10:25 Q&A
10:25 – 10:30 Closing remarks – Grant Fitzner, Chief Economist, Office for
National Statistics
@ONSfocus #economicforum slido #11921
4. Questions can be submitted via the slido app using code #11921.
You can also access slido via the link in the chat box.
5. Second Permanent Secretary and
Joint Head of the Government
Economic Service
State of the UK Economy
June 2022
Sam Beckett
@ONSfocus #economicforum slido #11921
6. GDP contracted by 0.3% in April
-0.4
-0.2
0.0
0.2
0.4
0.6
0.8
1.0
Nov 2021 Dec 2021 Jan 2022 Feb 2022 Mar 2022 Apr 2022
Percentage
points
Contributions to Monthly GDP,
November 2021 to April 2022
Services Production Construction GDP
-0.6 -0.4 -0.2 0.0 0.2 0.4
Wholesale And Retail Trade
Other Service Activities
Administrative And Support Services
Information And Communication
Real Estate Activities
Accommodation And Food Services
Activities of Households as employers
Public Administration And Defence
Transportation And Storage
Education
Arts Entertainment And Recreation
Financial And Insurance Activities
Professional Scientific And Technical Activities
Human Health And Social Work Activities
Percentage points
Contributions to Services in April 2022
Source: ONS Monthly GDP Estimate Source: ONS Monthly GDP Estimate
@ONSfocus #economicforum slido #11921
7. The labour market continues to be tight
0
200
400
600
800
1000
1200
1400
Thousands
UK job vacancies
Source: ONS Vacancy Survey
-400
-200
0
200
400
600
800
2020 2021 2022
Thousands
Change in economic inactivity from Feb 2020 qtr
Student Looking after family / home
Temp sick Long-term sick
Discouraged workers Retired
Other Inactivity
Source: ONS Labour Force Survey
@ONSfocus #economicforum slido #11921
8. But real incomes are increasingly being squeezed by higher inflation
-6
-4
-2
0
2
4
6
8
10
2001 2006 2011 2016 2021
Annual
percentage
change
Total vs regular pay growth - Nominal
Total Pay (Nominal) Regular Pay (Nominal)
-6
-4
-2
0
2
4
6
8
10
2001 2006 2011 2016 2021
Annual
percentage
change
Total vs regular pay growth - Real
Total Pay (Real) Regular Pay (Real)
Source: ONS Monthly Wages and Salaries Survey Source: ONS Monthly Wages and Salaries Survey, Consumer Prices
Note: Nominal earnings have been deflated by CPIH
@ONSfocus #economicforum slido #11921
9. Public expectations of inflation have been rising
0.0
0.5
1.0
1.5
2.0
2.5
3.0
3.5
4.0
4.5
5.0
May 21 Aug 21 Nov 21 Feb 22 May 22
Per
cent
Median inflation expectations
1 Year 5 Years
Source: Bank of England/Ipsos Inflation Attitudes Survey Source: ONS Tracking the price of the lowest-cost grocery items
80
90
100
110
120
130
140
150
160
April
2021
=
100
Lowest price of groceries
Pasta Potato Max Min All
@ONSfocus #economicforum slido #11921
10. Around 75% of the increase in household saving
during the pandemic reflects ‘forced’ saving
0%
5%
10%
15%
20%
25%
30%
2017 Q1 2018 Q1 2019 Q1 2020 Q1 2021 Q1
Household savings ratio
Saving ratio in 2019 Q4 Saving ratio
-5%
0%
5%
10%
15%
20%
2020
Q1
2020
Q2
2020
Q3
2020
Q4
2021
Q1
2021
Q2
2021
Q3
2021
Q4
Additional savings relative to Quarter 4 2019
Precautionary Intertemporal Forced Total
Source: ONS Quarterly Sector Accounts Source: ONS analysis of Quarterly Sector Accounts
@ONSfocus #economicforum slido #11921
11. Forecasts for the UK economy are being revised down
-1
0
1
2
3
4
5
Consensus BoE OECD*
Per
cent
UK GDP Forecasts: 2022
Feb-22 May-22
-1
0
1
2
3
4
5
Consensus BoE OECD*
Per
cent
UK GDP Forecasts: 2023
Feb-22 May-22
Source: HM Treasury, Bank of England, OECD Source: HM Treasury, Bank of England, OECD
@ONSfocus #economicforum slido #11921
12. Conclusions
• The labour market remains tight, although the squeeze
on real incomes is intensifying
• The response of households to the cost-of-living crisis
will be important in how the economy evolves
• Forecasts for the UK economy are becoming more
downbeat
@ONSfocus #economicforum slido #11921
13. Synthesis Team Lead
Strategy, Synthesis and Coordination Division
Office for National Statistics
Worries about the rising
cost of living in Great
Britain
Ben Windsor-Shellard
@ONSfocus #economicforum slido #11921
14. The issues people feel worried about
3 in 4 worried about the rising costs of
living
When asked about a range of issues, the
most frequently reported worries were
about the conflict in Ukraine (78%) and the
rising costs of living (74%).
Based on data collected between 25 May
to 5 June from the Opinions and Lifestyle
Survey.
Source: Public opinions and social trends
@ONSfocus #economicforum slido #11921
15. Worries about the rising costs of living (CoL)
• Analysis on the characteristics of those feeling the most
worried including associations with measures of well-
being.
• Opinions and Lifestyle Survey – Great Britain coverage.
• Adults aged 16 years and above.
• Data on the extent of worry and how frequently those worries were felt –
with reference to the two weeks before interview – collected between 27
April and 22 May.
Main caveats: no evidence of causality; those most extremely
impacted by the rising costs may not be captured by the survey.
@ONSfocus #economicforum slido #11921
16. Worries about the CoL – sex and age
Those who reported feeling worried (very or
somewhat):
Sex
81% of women compared with 73% of men.
Age
30 to 49 years (82%) and 50 to 69 years
(77%) more worried than those aged 70 years
and over.
16 to 29 years generally more likely than other
ages to feel somewhat unworried or not at all
worried (11%).
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
17. Worries about the CoL – disability status
Those who reported feeling worried (very or
somewhat):
Over 4 in 5 disabled people felt worried
82% who said they were disabled compared
with 75% who said they were non disabled felt
worried.
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
18. Worries about the CoL – parental status
Those who reported feeling worried (very or
somewhat):
9 in 10 parents with a dependent child
aged 0 to 4 years felt worried
Parents living with a dependent child aged 0
to 4 years were more likely than non-parents
or parents not living with dependent children
to feel worried – 90% compared with 76%.
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
19. Worries about the CoL – gross personal income
Those on the lowest gross personal annual
income more likely to feel “very worried”
Similar proportions of adults reported feeling
very or somewhat worried regardless of their
personal gross annual income.
Instead, adults were less likely to feel very
worried as their gross personal income
increased.
Main caveat: gross personal income
does not include any shared financial
resource
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
20. Association with well-being
Main caveat: no evidence of causality
We asked people to evaluate their well-being
using several measures including anxiety, life
satisfaction, and overall health. We then
looked at the % with particular scores on each
measure.
Those feeling the most worried reported
worse scores on all of the well-being
measures, compared to those who were
not at all worried.
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
21. Worries about the CoL and worries about
COVID-19
Adults who were very worried about the rising
costs of living were also most likely to report
feeling very worried about the impact COVID-
19 was having on their life when interviewed
(63%).
“Very worried” adults could be worried about a
range of issues.
CoL
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
22. Half of the “very worried” adults felt these
worries nearly every day
1 in 2 adults who were very worried about the
rising costs of living felt these worries nearly
every day, contrasted with 4 in 100 adults who
were somewhat worried.
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
23. Actions in response to the rising costs
Around 9 in 10 people said their living costs had increased
Among these, those who said they were very worried about the
rising costs of living reported higher frequencies for a wide range
of actions* to mitigate the cost of living including:
• spending less on non-essentials (68% v. 6% in those not at all worried);
• spending less on gas and/or electricity (61% v. 21%);
• spending less on food and essentials (60% v. 1%).
* Survey respondents could choose more than one option.
Source: Worries about the rising costs of living, Great Britain, April to May 2022
@ONSfocus #economicforum slido #11921
24. See our publication for more data on the
characteristics of those feeling the most
worried.
Worries about the rising costs of living
Our Public Opinions and Social Trends
fortnightly publication will continue to
report estimates of people’s worries.
Thank you to Katie Edser and Priya
Tanna for their work on the analysis
presented today.
@ONSfocus #economicforum slido #11921
25. Economist
Office for National Statistics
Impact on UK finance
during the coronavirus
(COVID-19) pandemic:
June 2022
Muhammed Khaliq
@ONSfocus #economicforum slido #11921
26. Introduction
• During an economic crisis, the banking sector’s role in providing
credit becomes more important.
• Our analysis presents key insights into the functioning of the UK
banking sector and financial flows (loans and deposits) during
the coronavirus (COVID-19) pandemic, and how these compared
with the global financial crisis in 2008 to 2009.
• We present provisional insights into the impact of the cost of
living crisis on finance in 2022.
@ONSfocus #economicforum slido #11921
27. Banks raised their lending of loans during the Covid-19 pandemic, while
households and businesses raised their holdings of deposits
Net financial assets, UK monetary financial institutions, share of GDP, 2007 to 2009 and 2019 to 2021
A positive net value shows net
lending (plus) while a negative net
value shows net borrowing (minus).
@ONSfocus #economicforum slido #11921
28. Households raised their liabilities of loans following the
Covid-19 pandemic
-1%
0%
1%
2%
3%
4%
5%
6%
7%
8%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Per
cent
of
GDP
issued by UK monetary financial institutions Secured on dwellings
Consumer Credit, Other long term loans by UK residents Total Liabilities
Loan liabilities by households, 2000-21, share of GDP
@ONSfocus #economicforum slido #11921
29. Lending by credit cards saw the largest fall and took the
longest to recover
-25
-20
-15
-10
-5
0
5
10
15
31 Jan 18 30 Nov 18 30 Sep 19 31 Jul 20 31 May 21 31 Mar 22
Per
cent
Consumer Credit Other loans and advances Credit card
Annual change in consumer credit by type
@ONSfocus #economicforum slido #11921
30. Private businesses raised their loan liabilities following the
pandemic, whilst they reduced loans in 2008 and 2009
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
Per
cent
of
GDP
Finance leasing
Secured on dwellings
Issued by UK monetary financial institutions, short term
Liabilities
Loan liabilities by private non-financial corporations, 2000-21, share of GDP
0
10
20
30
40
50
60
70
80
90
Value
(£bn)
CBILS CLBILS BBLS FF Total
Cumulative value of government-backed emergency loans, UK,
May 2020 to May 2021, £ billions
@ONSfocus #economicforum slido #11921
31. For SMEs,
almost all
industries
experienced a
rise in net loans
Monetary financial institutions' total net loans (including
overdrafts) in all currencies, by size and industry type, March
2020 to March 2022, £ millions
-4,000 -2,000 0 2,000 4,000 6,000 8,000 10,000
Agriculture, hunting, forestry and fishing
Mining and quarrying
Manufacturing
Electricity, gas and water supply
Construction
Wholesale and retail trade
Accommodation and food service activities
Transport, storage and communication
Real estate, professional services and support
activities
Public administration and defence
Education
Human health and social work
Recreational, personal and community service
activities
£ millions
Large SMEs
@ONSfocus #economicforum slido #11921
32. Households and businesses saw a sharp rise in their assets
of currency and deposits in 2020
-2
-1
0
1
2
3
4
5
6
7
8
9
10
Per
cent
of
GDP
Currency and deposits assets by households, 2000-21, share of GDP
-2
-1
0
1
2
3
4
5
6
7
8
9
10
Per
cent
of
GDP
Currency and deposits assets by non-financial corporations, 2000-21,
share of GDP
@ONSfocus #economicforum slido #11921
33. Conclusion
• Since the COVID-19 pandemic, there has been a rise in the availability of
loans to households and businesses, which is in contrast to the experience
of the 2008 global financial crisis.
• The asset holdings of deposits by households rose sharply during the
coronavirus pandemic.
• Businesses also raised their deposits holdings.
• More recent evidence shows adults have reported using credit more than
usual, possibly in response to the rising cost of living.
@ONSfocus #economicforum slido #11921
34. Questions can be submitted via the slido app using code #11921.
You can also access slido via the link in the chat box.
Q&A
35. Closing remarks
Grant Fitzner
Chief Economist and Director of
Macroeconomic Statistics and Analysis
@GrantFitzner
@ONSfocus #economicforum slido #11921
36. Forthcoming ONS economic analysis
22 June 2022 – Overview of inflation and the cost of living: June 2022
27 June 2022 – Impact of Annual Blue Book 2022 Changes on Current Price and Volume Estimates of Gross
Domestic Product
28 June 2022 – First results from Census 2021 in England and Wales
29 June 2022 – Access to products and services for disabled people, Great Britain: 16 February to 27 March
2022
4 July 2022 – Foreign direct investment, business insights in the UK: June 2020 to January 2021
6 July 2022 – Understanding recent falls in self-employment in the UK
11 July 2022 – Regional patterns in homeworking in the UK: 2019 to 2022
All information on upcoming analysis can be found via the ONS website
@ONSfocus #economicforum slido #11921
37. Transporting consumer price statistics into the
future, with new data and methods in 2023
Daily transaction data from the
GB rail industry’s ticketing and
revenue system, provided by
Rail Delivery Group
Daily vehicle listings data
provided by Auto Trader, the
UKs largest vehicle advertising
website
Upcoming release:
Research and developments in
the transformation of UK
consumer price statistics
June 28th 2022
LINK
helen.sands@ons.gov.uk
38. ONS User Survey
ONS open participation activities: Labour Market Statistics User
Engagement
The ONS is undertaking an ambitious transformation programme to improve labour market
statistics through survey transformation and increased use of data from administrative and
other sources. The main survey that provides labour market information from an individual
and household perspective is the Labour Force Survey (LFS). With recent developments,
including the addition of the ability to respond by telephone, the ONS is now in a position to
begin moving towards incorporating the transformed LFS data into the regular labour market
data releases.
Please support to this important work by responding here. The survey is live until
29 June 2022
More information, including on how to respond, can be found on our consultation and
stakeholder participation hub: https://consultations.ons.gov.uk
@ONSfocus #economicforum slido #11921
39. Dates for your diary
18 July 2022 – ONS Economic Forum
Further details on the above event and any upcoming events will be published at
ons.gov.uk/economicevents
@ONSfocus #economicforum slido #11921
40. Thank you for attending the
Economic Forum
You can keep up to date on all up coming events via
ons.gov.uk/economicevents
If you would like to ask a question or provide any feedback, please do so
via economic.engagement@ons.gov.uk
Editor's Notes
Make comparison to GFC
Latest trend may reflect Cost of Living pressures
Households saw a sharp rise in their assets of currency and deposits in 2020 as pandemic restrictions led to a surge in forced savings
Private businesses saw a peak in their assets of currency and deposits in 2020 before falling to similar levels to pre-pandemic