Home Business news UK economy returns to growth in boost to Rachel Reeves before budget

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

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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…GDP rises by 0.2% in August after flatlining in June and JulyThe 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…