UK economy grows 0.1% in August, defying contraction forecasts
The UK economy grew 0.1% in August, defying forecasts for a 0.1% contraction, the Office for National Statistics reported. Growth slowed from July's 0.4%, with consumer spending falling amid energy cost pressures. The figures arrive two weeks before Chancellor John Healey's October 28 budget, expected to include cost-of-living support measures.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 15 Oct 2026, 06:05 UTC · Updated 15 Oct 2026, 06:21 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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