UK economy grows by 0.2% in August after two months of stagnation

After no growth in June and July

Sorin Dojan
clock • 2 min read
The services sector was the primary contributor to the UK GDP growth in the three months leading up to August, increasing by 0.1%.
Image:

The services sector was the primary contributor to the UK GDP growth in the three months leading up to August, increasing by 0.1%.

The UK economy expanded by 0.2% in August, following zero growth recorded in June and July.

According to gross domestic product figures released by the Office for National Statistics (ONS) today (11 October), services output grew by 0.1% in August, following another 0.1% increase in July,...

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

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Brookfield Wealth Solutions to buy Just Group, Isio launches DB analysis service, £37m buy-in deal

Professional Pensions
clock 01 August 2025 • 1 min read
Good News Corner: Zedra colleagues work with charity to bring corner of local park back to life

Good News Corner: Zedra colleagues work with charity to bring corner of local park back to life

Organisation has had a number of local charity days in recent weeks

Professional Pensions
clock 01 August 2025 • 1 min read
DWP publishes latest workplace pension participation statistics

DWP publishes latest workplace pension participation statistics

Employee participation rose in 2024, but opt-outs are close to 10%

Holly Roach
clock 31 July 2025 • 4 min read
Trustpilot