UK economy returns to growth in boost to Rachel Reeves before budget

UK economy returns to growth in boost to Rachel Reeves before budget

Economic growth (GDP), Rachel Reeves, Economics, Business, UK news, Bank of England, Office for National Statistics, Politics, Consumer spending, Interest rates, Inflation, Economic policy, Autumn budget 2024, Budget Business | The Guardian

​GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of yearBusiness live – latest updatesThe UK economy returned to growth in August after flatlining for two months, in a boost for the chancellor, Rachel Reeves, before the autumn budget.The Office for National Statistics (ONS) said gross domestic product rose by 0.2% in August, after zero growth in June and July. The reading matched the forecasts of City economists. Continue reading… 

GDP rises by 0.2% in August after flatlining in June and July but rate of expansion slower than first half of year

Business live – latest updates

The UK economy returned to growth in August after flatlining for two months, in a boost for the chancellor, Rachel Reeves, before the autumn budget.

The Office for National Statistics (ONS) said gross domestic product rose by 0.2% in August, after zero growth in June and July. The reading matched the forecasts of City economists.

Continue reading… 

Leave a Reply

Your email address will not be published. Required fields are marked *