US EditionUK Economy Sees Fastest Services Orders Slowdown Since Liz Truss
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UK economy sees fastest services orders slowdown since Liz Truss
Hopes of a quick recovery to the UK economy are fading as orders in the services sector fell at the fastest rate since Liz Truss’ mini-budget in late 2022, fresh data has suggested. S&P Global’s latest composite purchasing managers’ index (PMI) showed a fall from a score of 52 in June to 51.5, which remains slightly above the 50-figure benchmark showing neutrality in output. The figure was a slight upgrade on an earlier “flash” reading posted b…
·London, United Kingdom
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