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

2 months ago 26

GDP rises by 0.2% in August after flatlining in June and July

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 that gross domestic product rose by 0.2% in August, after recording zero growth in June and July. The reading matched the forecasts of City economists.

Continue reading...
Read Entire Article