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UK economy returns to growth as GDP grew 0.2% – what it means for your money

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THE UK economy has grown after a two month period of stagnation, new figures reveal.

Gross Domestic Product (GDP) rose by 0.2% in August, the Office for National Statistics said.

UK, London, blurred motion of incidental business people walking to work with view of the financial district behind

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UK, London, blurred motion of incidental business people walking to work with view of the financial district behind

The economy did not grow during the months of June and July.

However, quarterly figures show that GDP still increased 0.5% in the second quarter of this year.

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