UK Economy Shows Modest Growth Amid Budget Uncertainty and Trade War Concerns
Britain’s economy returned to marginal growth in August with 0.1% expansion, official data shows. The modest recovery comes as Finance Minister Rachel Reeves prepares her November budget amid ongoing economic challenges and international trade tensions.
UK Economy Records Modest Growth Amid Budget Preparations
The UK economy returned to growth in August with a marginal 0.1% expansion from July, according to official data reported by Reuters. The slight improvement offers some relief to Finance Minister Rachel Reeves as she prepares her November budget, though previous data for July was revised downward to show a 0.1% contraction instead of remaining unchanged.