UK economy expands as GDP rises by 0.1% in August ahead of crucial budget
PositiveWorld Affairs

The UK economy has shown signs of resilience with a 0.1% GDP growth in August, driven by strong performances in the manufacturing and health sectors. This growth is particularly significant as it comes ahead of a crucial budget announcement, suggesting that the economy is on a path to recovery despite previous downward revisions for July. The positive trend may influence upcoming fiscal policies, especially discussions around higher taxes on the wealthy, which could play a key role in shaping the financial landscape in the months to come.
— Curated by the World Pulse Now AI Editorial System