Business growth accelerates to four-month high amid hot weather boost
- Posted on August 21, 2026
- By Evening Standard
- 1 Views
- 1 min read
In brief
The UK economy demonstrates robust momentum as business activity reaches a four-month peak, driven by favorable seasonal factors and increased consumer spending during summer months. The S&P Global flash composite purchasing managers' index climbed to 52.5 in August, signaling continued expansion across both manufacturing and services sectors. This acceleration suggests strengthening business confidence and sustained growth trajectory despite ongoing economic uncertainties.
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Business growth accelerates to four-month high amid hot weather boost
The closely watched S&P Global flash UK composite purchasing managers’ index reported a reading of 52.5 for August.
