UK economy bounces back in August as GDP ticks up 0.2%

Raises hopes that a recession could be avoided this year

Valeria Martinez
clock • 2 min read
UK economy bounces back in August as GDP ticks up 0.2%

The UK economy returned to growth in August after a poor July, raising hopes that a recession could be avoided this year.

According to the Office for National Statistics, gross domestic product grew 0.2% during the month, following a 0.6% dip in July — revised down from a 0.5% fall — when wet weather and continued ind...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

SPP: State pension age and boosting its sustainability

SPP: State pension age and boosting its sustainability

James Smith says a simple link to life expectancy risks ignoring reality

James Smith
clock 21 January 2026 • 3 min read
PMI announces Equiniti as development partner

PMI announces Equiniti as development partner

Partnership will provide Equiniti with access to PMI education and training

Martin Richmond
clock 21 January 2026 • 2 min read
UK inflation rises to 3.4% in December

UK inflation rises to 3.4% in December

ONS data shows CPI Index rose for the first time in five months

Linus Uhlig
clock 21 January 2026 • 3 min read
Trustpilot