UK business growth slides to 14-month low as service sector shrinks

NAMPA / DPA

2026-06-23

London (PA Media/dpa) - Activity in the UK's private sector has slumped to its lowest level for 14 months amid "sustained weakness" in the key services sector, according to new figures. It also came as firms continued to increase prices in reaction to cost pressures from the Middle East conflict and government policy. The S&P Global flash UK composite purchasing managers' index (PMI), which is watched closely by economists, recorded a reading of......

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