News in Review Wednesday 19th August 2026 - HCR IFA
News in Review Wednesday 19th August 2026

News in Review Wednesday 19th August 2026

UK economy growth, latest employment and earnings figures, pensioner poverty and water bills set to rise

Key takeaways:

  • The UK economy grew by 0.4% between April and June, according to figures from the Office for National Statistics (ONS)
  • UK unemployment was estimated at 4.9% between April and June 2026 – 0.1% lower than the previous quarter
  • A major new report shows that poverty among pensioners increased from 15.7% in 2012/13 to 18.6% in 2023/24