UK economy picks up in August as GDP grows 0.4%

GDP remains below pre-pandemic level

Pedro Gonçalves
clock • 4 min read
Restaurants, bars and festivals helped economy pick up in August after rules eased
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Restaurants, bars and festivals helped economy pick up in August after rules eased

Bars and festivals lifted the UK economy as GDP grew by 0.4% in August, but remained 0.8% below the pre-pandemic level of February 2020, according to the Office for National Statistics (ONS).

The latest snapshot showed activity in the accommodation and food service sectors, as well as arts, entertainment and recreation, contributed most to growth in the UK's dominant service sector, which makes...

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