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UK economy grew in August but tension mounts ahead of a big Budget next month

Mild upturn boosts Chancellor Rachel Reeves though some sentiment indicators are now heading in the wrong direction
CoStar Analytics
October 16, 2025 | 12:49 P.M.

The UK economy returned to growth in August as manufacturing output improved, although faltering business and consumer confidence form the more immediate backdrop to a vitally important Budget on 26 November.

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News | UK economy grew in August but tension mounts ahead of a big Budget next month