Britain's economy losing speed as services shrink

Daily Mail Saturday 4th July 2026, 7:11AM 1 min read 6 hours ago

The closely-watched purchasing managers' index (PMI) survey for the sector gave a reading of 48.8 in June - on a scale where the 50-mark separates growth from contraction.

Read original Daily Mail

More from Daily Mail

Kimi Antonelli wins the British Grand Prix sprint race - spoiling the home party at Silverstone as he soars past Lewis Hamilton to extend his lead at the top of the championship

1 hour ago

My passionate five-year love affair with Prince Edward: Everything you could possibly want to know about Ruthie Henshall's wirlwind romance with the young Royal

2 hours ago

DAVID CROFT INTERVIEW: Iconic F1 commentator prepares to mark his 400th Grand Prix at Silverstone - and gives his verdict on whether Lewis Hamilton can win a record eighth drivers' title

2 hours ago

Home of the brave: As America parties, is it time you shake it off - or bet on new US superstars?

3 hours ago

Related in Business

Home of the brave: As America parties, is it time you shake it off - or bet on new US superstars?

3 hours ago

ALEX BRUMMER: There are healthy signs the Supreme Court is not totally capitulating to Trump

3 hours ago

We're worried a neighbour will buy the paved council-owned land near the bottom of our garden and build on it - what are our options?

6 hours ago

Investor revolt against Ocado chairman over plot to oust chief executive Tim Steiner

6 hours ago