UK economy unexpectedly grows in August despite fall in consumer spending
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Budget category. Published on October 15, 2026 • Originally reported by Richard Partington Senior economics correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Budget category. Published on October 15, 2026 • Originally reported by Richard Partington Senior economics correspondent. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
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.
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