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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.