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Sluggish UK business activity improves, PMI shows
Gulf Today
|June 24, 2025
British business activity expanded modestly in June as new orders grew for the first time this year but employers cut jobs more quickly and worried about the conflict in the Middle East, a survey showed on Monday.
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The S&P Global UK Composite Purchasing Managers’ Index (PMI), a gauge of the private sector economy, rose to 50.7 from 50.3 in May - inching further above the 50.0 growth threshold. A Reuters poll had forecast a rise to 50.5.
The services sector, which dominates Britain's economy, marked its fastest growth in three months and it outpaced its German and French counterparts in June.
Dit verhaal komt uit de June 24, 2025-editie van Gulf Today.
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