Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Unlock the editor’s digestion free
FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.
One of the highest civil servants of the government, as a concern of the reliability of the numbers used to manage the economy of the UK, was instructed to be filed on the offside of the office for national statistics.
The Cabinet’s Cabinet Minister Pat McFadden asked to view his performance from the best official cat Alone Chancellor Rachel is afraid of flying leaders for compiling the economic plans.
“Pat thinks it’s an open problem,” he said. “He lifted with a standing secretary (AZ), and this said that our information we can trust is important.”
The small and colleagues are asked to demand possible government action after a number of verses in official economic indicators, according to people with information about their briefing. There is an independent investigation between the opinions in the table, although no decision has been made.
Last week, Chairman of the Prestigious Treasury Dame Meg Hillier, Sir Ian Diamond, National Statistics, wrote to emphasize “disturbing mistakes and delays” in some statistics.
An ally of the Reeves said: “There is a disappointment that the information has made economic decisions when the information is wrong. It is a little problem, put in a soft way.”
Ons faced problems with the most market-sensitive information, which makes it difficult for UK politicians to manage the economy. Anxiety has led to the distribution of the basic workforce request, which is supported by business information, but there were problems in other parts of the OVS.
The Data Cruncher has stopped publishing the price indices of the GDP calculation, and reassessed his pension for the road to the “economic justification” of the Institute of Financial Research.
The Bank of England’s Monetary Policy Committee This month stressed the need for “full-quality and reliable official data on full economic and labor market statistics” this month, Governor Andrew Bailey polygonal The quality of work numbers.
A branch of the British Statistics Organization, which controls the country’s statistical system, plans to broadcast a temporary report in April, which plans to broadcast an interim report on the systematic study of economic statistics.
McFadden’s close official said that they were worried about the issues from them. “We have reliable information and are so important from them,” he said.
In his letter, Hillier responded to the statistics of the statistics of the statistics of the statistics of the statistics of the “unreliable labor market and other economic information.”
He added: “In trade information and manufacturer prices index information will expand concerns about the reliability and accuracy of existing economic statistics for politicians and other users.”
Hillier asked for an update on the nature and causes of errors identified in the manufacturer’s prices numbers, but also the wealth numbers of the IFS.
I wanted more information about the problems in trade, and on March 13, after them, the numbers approached by 2023.
On Friday, after examining this problem, the trade information was updated. The information provided by the HM income and customs information on the numbers of import and system processing services was made among the issues.
But Adjustments Trading numbers for 2023 and 2024 did not affect broader GDP data.
The ministers refused to comment on the cabinet. They are ft ft the preparation of the highest quality statistics for the “societies and aimed at improving our methods and approaches.”