UK economy expands as GDP rises by 0.1% in August ahead of crucial budget

The GuardianThursday, October 16, 2025 at 2:45:02 PM
UK economy expands as GDP rises by 0.1% in August ahead of crucial budget
The UK economy has shown signs of growth with a 0.1% rise in GDP for August, driven by strong performances in the manufacturing and health sectors. This growth is particularly significant as it comes ahead of a crucial budget announcement, suggesting a potential shift in economic policy. However, it's worth noting that the Office for National Statistics has revised down the figures for July, indicating that while there is progress, challenges remain. This development is important as it could influence future government decisions on taxation and spending, impacting businesses and households alike.
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