UK Stats Office Defies Traders by Keeping 7 a.m. Release Time

Key UK economic data will continue to be released at 7 a.m., a blow to traders and investors who wanted the statistics office to revert to the pre-pandemic norm of 9:30 a.m.

The statistics regulator said Monday it was accepting the recommendations of the Office for National Statistics, which said the current arrangements serve “the public good” and expressed doubts that it could handle increased visits to its website if the data were released during market hours.