- Andy Burnham is seeking to transfer power out of Whitehall, with Angela Rayner assisting in efforts to weaken Westminster's grip.
- Andy Burnham is expected to follow Angela Rayner's predecessor role and plans to appoint new faces to his cabinet, considering James Murray.
- Andy Burnham is set to announce his cabinet appointments.
- Andy Burnham is using data from the Joseph Rowntree Foundation to assess the impact of the cost-of-living crisis, which must be addressed through budget reviews.
ONS Reports Show Rent Climbs 3.3% While Retail Sales Shift Online
- Reports
- 2
- Developments
- 7
- Repetition
- 0%
New informationRepeats or wire copies
What happened
Office for National Statistics figures show UK private rents climbed 3.3% year-on-year to £1,388 a month, with England averaging over £1,400. In retail, volume sales jumped 1% in June, while non-store retailing rose 4.4%. Separately, automotive fuel sales fell 0.8% in June, marking a six per cent drop over the last three months.
From bigissue.com, cityam.com
Why it matters
The rise in rental costs has prompted Generation Rent to call on Andy Burnham’s government to introduce rent caps, citing that 1.2 million private renters find it difficult to pay rent. The shift in consumer spending and falling fuel demand reflects broader economic pressures.
Andy Burnham is using research from the Joseph Rowntree Foundation to assess the impact of the cost-of-living crisis, which requires budget reviews.
From bigissue.com, cityam.com
Who's involved
- Office for National StatisticsProvides official economic statistics on rents and retail sales.
- Joseph Rowntree FoundationUses ONS housing data to analyze poverty and cost of living.
- Andy BurnhamIs facing political calls regarding rent caps and is utilizing Joseph Rowntree Foundation research.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NestléSpeculative
Nestlé could see shifts in consumer buying habits, affecting sales volume between online and high street channels.
- Bank of EnglandSpeculative
The Bank of England might face pressure on interest rate decisions due to inflation risks linked to energy prices.
- Thames WaterSpeculative
Thames Water could be affected by energy price volatility driven by geopolitical risk.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Government may face pressure over housing and energy costsGovernment may face pressure to introduce rent caps and cut energy taxesLikely
- Rising costs may squeeze Tesco's consumer spendingRising costs may squeeze Tesco's consumer spendingPossible
- Rising costs may force Chancellor Reeves to adjust economic policyRachel Reeves may need to adjust economic policy amid rising cost-of-living pressuresPossible
How it developed
Newest first. Tap a step to see who reported it.- Joseph Rowntree Foundation and Shelter signed an open letter urging policy change regarding housing issues.Sub-event
- Households receiving Universal Credit are reported to be the hardest hit by the cost-of-living crisis.Sub-event
- ONS provided private renter data in England, which the Joseph Rowntree Foundation analyzed for housing costs, involving Islington councillor Michael O’Sullivan.Sub-event
- Survey findings link political leadership to the likelihood of housing reform.Sub-event
- Andy Burnham is advocating for a public service model for care, citing demographic trends informed by ONS data in various media outlets.Sub-event
ONS data informs political calls on housing market failures, putting pressure on leaders like Andy Burnham.1 source
ONS data shows retail sales trends are being impacted by rising oil prices.1 source
Keep exploring
The entities involved
-
Office for National Statistics
United Kingdom's principal government institution in charge of statistics and census data
- The closure of the Strait of Hormuz due to the Iran war is driving up oil costs, while Andy Burnham comments on the UK economy's resilience amid economic pressures on the Bank of England.
- The Office for National Statistics has released provisional data regarding average private rents, noting market pressures driven by high demand in both England and Wales.
-
Joseph Rowntree Foundation
British independent social change organisation working to solve UK poverty through research, policy, collaboration and practical solutions
Nothing else this week.
-
Andy Burnham
British politician (born 1970)
- Regional mayors, including Claire Ward and Tracy Brabin, are engaging with the government on devolution and regional tax proposals.
- UK political figures, including Andy Burnham and John Healey, discuss defense investment and sovereignty issues regarding the Falkland Islands, amidst Argentina's reiterated claims and Russian threats.
Related events
- Focus on housing and regional development involving Andy Burnham and 10 Downing Street.
- Andy Burnham faces pressure from constituents regarding the cost of living.
- Political pressure mounts regarding London's capital city status as studies examine housing and poverty rates amidst high cost of living.
- The Office for Budget Responsibility is evaluating the economic impact of government plans led by Andy Burnham and John Healey.
- Burnham is mentioned as the government introduces new standard measures in Lichfield and Burntwood.