UK services sector sees first decline in 18 months amid tariff fears

NAMPA / DPA

2025-05-06

London (PA Media/dpa) - The United Kingdom's services sector shrank last month for the first time since October 2023 as concerns over trade tensions weighed on firms, according to new figures. Service sector companies reported their weakest levels of new work from overseas for more than four years as recent US tariff plans caused caution globally across the sector. The S&P Global UK services PMI survey scored 49 in April, down from 52.5 in March.......

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