Services sector, Business, UK news, Economic growth (GDP), Bank of England, Economics, General election 2024 Business | The Guardian
June slowdown – to lowest level in seven months – follows ‘wait-and-see approach’ on orders and projectsBusiness live – latest updatesGrowth in the UK service sector slowed last month amid a “seize-up” in activity as companies put projects on hold in the run-up to the general election.The latest snapshot from the data provider S&P Global showed growth in the UK’s dominant service sector – which includes transport, IT, finance, communications, property and business services – slowed in June to the lowest level in seven months. Continue reading…
June slowdown – to lowest level in seven months – follows ‘wait-and-see approach’ on orders and projects
Business live – latest updates
Growth in the UK service sector slowed last month amid a “seize-up” in activity as companies put projects on hold in the run-up to the general election.
The latest snapshot from the data provider S&P Global showed growth in the UK’s dominant service sector – which includes transport, IT, finance, communications, property and business services – slowed in June to the lowest level in seven months.
