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🇬🇧 UK service sector shrinks amid Iran war disruption and heatwave
Rolling coverage of the latest economic and financial newsToday’s UK Service PMI report (which polls purchasing managers from across the sector) found there was a “sustained reduction in backlogs of work across the service economy”.This was due to weak demand, S&P Global reports, adding:This contributed to another fall in employment numbers, with the pace of job losses the sha…
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