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UK economy grew 0.2% in August

11 October 2024
in Business
UK economy grew 0.2% in August
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In the Unlock the Editor’s Digest newsletter, the UK economy grew by 0.2% in August, with expansions in services, manufacturing, and construction. Labour’s chancellor Rachel Reeves aims to boost economic growth while addressing public finances, with a focus on infrastructure investment. Despite a slowdown in recent months, the economy is expected to continue growing, with the Bank of England likely to cut rates in November.

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