UK GDP growth slows to 0.1% in August, AJ Bell says

UK GDP growth slowed to 0.1% in August, beating expectations; output rose 0.7% over the three months to August. Production was the only sector to grow in August, supported by AI-related manufacturing of computer and electronic equipment. Consumer-facing services weakened as rising prices and cautious spending pressured the dominant services sector. Economic resilience could support another Bank of England rate increase; markets priced a 94% probability of a November hike. A revamped Help to Buy scheme planned for the Budget could support construction, which faces pressure from higher borrowing costs. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AJ Bell plc published the original content used to generate this news brief on October 15, 2026, and is solely responsible for the information contained therein. (C)