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UK economy grew 0.2% in August

Figures come as chancellor Rachel Reeves prepares Labour government’s first Budget this month

The UK economy grew 0.2 per cent in August following two months of stagnation, helped by broad-based expansions in services, manufacturing and construction.

Friday’s figure, in line with economists’ forecasts, came after zero growth in June and July but marked a slowdown from the start of the year.

Services output grew 0.1 per cent in August, manufacturing was up 0.5 per cent and construction expanded 0.4 per cent, the Office for National Statistics said.

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