Skip to content
Independent reporting on the stories that matter, updated around the clock. Get Started
Browse Extension
Theme:
Sunday, October 18, 2026 Set Location International Edition
Subscribe Login
Politics

UK economy unexpectedly grows in August despite fall in consumer spending

October 15, 2026 Guardian Politics 1 min read
Guardian Politics · Leans Left
UK economy unexpectedly grows in August despite fall in consumer spending

Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budget

The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before John Healey’s first budget as chancellor.

Figures from the Office for National Statistics showed gross domestic product (GDP) rose by 0.1% last month, compared with 0.4% growth in July. That confounded a forecast by City economists of a 0.1% contraction.

Continue reading…

Source: Guardian Politics

Read the full story at the original publisher Guardian Politics →

More on this topic

Leave a Reply

Your email address will not be published. Required fields are marked *