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World Cup and heatwave boost UK economy by 0.6% in third quarter | ITV News

The UK economy grew by 0.6% during the third quarter, but cracks are beginning to show as consumers cut back on spending.

The Office for National Statistics (ONS) said that the figure represents the fastest quarterly growth since the final quarter of 2016, when the economy expanded by 0.7%.

Growth was primarily driven by strong retail sales during the World Cup and a recovery in construction in July, when monthly Gross Domestic Product (GDP) was 0.3% higher.

August and September were both flat, confirming economists’ fears that the heatwave’s boost to the economy faded towards the end of the summer.

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