The UK economy returned to growth in August after two stagnant months, with GDP increasing by 0.2%, showing promise before the autumn budget.
Liz McKeown of the ONS highlighted that while all main sectors grew in August, the broader trend indicates a slowing economy compared to earlier in the year.
Chancellor Rachel Reeves announced plans to prioritize investment and enhance household incomes, aiming to boost economic growth despite the need for difficult fiscal decisions.
The government is hosting a global investment summit to attract major businesses, emphasizing the need to rejuvenate job growth and economic activity across the UK.
Collection
[
|
...
]