Economy grew in August after two stagnant months
The Independent|October 12, 2024
The UK economy grew in August after two months of being flat, the latest official figures show.
ALEX CROFT
Economy grew in August after two stagnant months

Gross domestic product has recorded a 0.2 per cent growth in August, an increase on no growth in June and July, figures from the Office for National Statistics (ONS) said. While growth was already forecast in economic predictions, it will come as a boost for new chancellor Rachel Reeves ahead of the autumn Budget at the end of October.

But the ONS warned that the "broader picture" still reflects one of "slowing growth" compared to the first half of this year.

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