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

Budget 25: What happened for pensions?

Budget 25: What happened for pensions?

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

Holly Roach
clock 27 November 2025 • 2 min read
TPR urges trustees to help combat 'ruthless' pension scams

TPR urges trustees to help combat 'ruthless' pension scams

Regulator says industry has ‘critical role’ to play in warning and protecting savers

Holly Roach
clock 27 November 2025 • 1 min read
News Digest: Pension savers hit by £4.7bn salary sacrifice tax grab

News Digest: Pension savers hit by £4.7bn salary sacrifice tax grab

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 27 November 2025 • 1 min read
Trustpilot