Businessglobal-economy
Healey says surprise UK growth is 'sign of resilience' ahead of Budget
The UK economy unexpectedly grew by 0.1% in August, defying analyst expectations of a slight contraction and showcasing resilience amid global economic challenges. Chancellor John Healey welcomed the figures ahead of his upcoming Budget, emphasizing fiscal discipline while aiming to ease cost-of-living pressures. The Office for National Statistics reported a 0.7% growth over the three months to August, bolstered by strong production and computer programming. Economists note that artificial intelligence infrastructure and robust overall activity are helping Britain outperform several European peers.