Latest data comes just two weeks before chancellor’s budget looks to help consumers traverse the cost of living crisis The UK economy unexpectedly continued to grow in August despite a fall in consumer spending before chancellor John Healey’s budget. 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. City economists had forecast the economy would shrink by 0. 1%. Continue reading...