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International Business Times
International Business Times
Business
Alexandra BACON

UK Economy Rebounds In August In Boost To New Govt

Finance minister Rachel Reeves will present the new UK government's first budget on October 30 (Credit: AFP)

Britain's economy bounced back in August, official data showed Friday, boosting the new Labour government ahead of its maiden budget later in October.

Gross domestic product grew 0.2 percent in the reported month compared with July, when output stalled, the Office for National Statistics said in a statement.

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