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UK services industry faces setback as activity falls for first time in a year
May’s score in the S&P Global UK services PMI survey marked the first time business activity has decreased since April 2025.
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cityam.com
Iran war brings ‘reversal of fortunes’ for UK economy
S&P Global’s monthly survey has shown that business activity across the UK economy declined in May, ending a 13-month run of growth.
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independent.co.uk
UK services industry faces setback as activity falls for first time in a year
May’s score in the S&P Global UK services PMI survey marked the first time business activity has decreased since April 2025.
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UK construction output declines at fastest rate since pandemic, survey finds
Worries about the Iran war as well as political uncertainty in the UK were weighing on demand for building work last month.