UK Service Sector Growth Hits 7-Month Low
Britain's service sector growth hits weakest pace since January amid falling new orders and rising costs, sparking recession concerns.
Britain's service sector growth hits weakest pace since January amid falling new orders and rising costs, sparking recession concerns.
Britain's automotive giant Jaguar Land Rover has dramatically cut production, contributing to the UK's manufacturing sector contraction and raising concerns about economic growth ahead of the Autumn Budget.
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New data reveals a sharp decline in optimism across Britain's vital services sector, driven by mounting cost pressures and subdued consumer demand, raising concerns for the economic outlook.
In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi
British businesses are cutting jobs at the fastest pace since February, driven by rising taxes and US tariffs, according to a new PMI survey. Explore the impact on the UK economy.
Lloyds Banking Group signals worsening UK economic conditions, while the European Central Bank keeps interest rates steady. Tesla encounters hurdles in Europe amid broader market concerns.