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Evening Standard

Business

Henry Saker-Clark

UK economy unexpectedly grows 0.1% in August

Economy United Kingdom Office for National Statistics GDP

Britain’s economic growth was stronger than first thought in the second quarter of the year, according to official figures. (Vuk Valcic/Alamy) -

The UK economy reported surprise growth in August on the back of strong factory production, according to official figures, a boost to the Chancellor ahead of the autumn Budget.

Nevertheless, it represented a slowdown after stronger activity earlier in the summer.

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