Global business
UK Economy Ekes Out Modest Growth as Factories Recover
17.10.2025
The UK economy resumed modest growth in August as a rebound in manufacturing helped offset a stagnant month for the dominant services industry.
Gross domestic product rose 0.1% after falling 0.1% in July, the Office for National Statistics said Thursday. The increase was in line with the median forecast of economists surveyed by Bloomberg. Factory output grew a faster-than-expected 0.7%, while services were flat for a second straight month and construction shrank.
The pickup puts Britain on course for some growth in the third quarter, a modest boost for Chancellor of the Exchequer Rachel Reeves ...
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