UK growth flatlines in August but quarterly picture is brighter

Latest ONS data shows growth on rolling three-month basis, from June to August, was 0.7%Britain’s economic growth ground to a halt in August, according to official figures. The reading of 0% compared with 0.4% in July, when the economy had been been buoyed by retail sales and construction.However, the rolling three-monthly figure benefited from an upward revision of the UK’s growth. The latest data from the Office for National Statistics showed that UK GDP growth on a rolling three-m