Slower growth in August could signal a hard winter
UK economic growth slowed in August despite an easing of lockdown restrictions and government subsidies for dining in restaurants, suggesting that Britain’s recovery was stalling even before a second wave of coronavirus arrived.
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ABERDEEN, SCOTLAND – AUGUST 05: Kieth McKenzie wears a shielding face mask as he works in the pub The Grill in Union Street on August 5, 2020 in Aberdeen, Scotland. Scotland’s First Minister Nicola Sturgeon acted swiftly and put Aberdeen back into lockdown after cases of Coronavirus in the city doubled in a day to 54. She ordered all indoor and outdoor hospitality venues to close by 5pm. (Photo by Jeff J Mitchell/Getty Images)
![a group of people sitting at a bar: ABERDEEN, SCOTLAND - AUGUST 05: Kieth McKenzie wears a shielding face mask as he works in the pub The Grill in Union Street on August 5, 2020 in Aberdeen, Scotland. Scotland's First Minister Nicola Sturgeon acted swiftly and put Aberdeen back into lockdown after cases of Coronavirus in the city doubled in a day to 54. She ordered all indoor and outdoor hospitality venues to close by 5pm. (Photo by Jeff J Mitchell/Getty Images)](https://www.msn.com/{"default":{"load":"default","w":"80","h":"45","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB19Rdwp.img?h=450&w=799&m=6&q=60&o=f&l=f"},"size3column":{"load":"default","w":"62","h":"35","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB19Rdwp.img?h=352&w=624&m=6&q=60&o=f&l=f"},"size2column":{"load":"default","w":"62","h":"35","src":"//img-s-msn-com.akamaized.net/tenant/amp/entityid/BB19Rdwp.img?h=352&w=624&m=6&q=60&o=f&l=f"}})
The Office for National Statistics said in a statement Friday that the UK economy grew by 2.1% in August. The consensus expectation among economists was for a 4.6% increase, according to Capital Economics.
It was the fourth
