The S&P Global UK Services PMI was revised slightly higher to 52.8 in June 2025 from a preliminary of 51.3, and above May’s reading of 50.9. The latest data indicated a faster expansion in the country’s services sector – the strongest since August 2024 – supported by a renewed improvement in order books. New orders increased slightly, marking the second rise this year and hitting the fastest growth rate since November 2024, driven by greater demand in domestic markets. However, employment continued to contract strongly, reaching nine months of decline. On the price front, input cost inflation eased for the second month running to its lowest in 2025 so far. This contributed to the weakest rise in prices charged by service providers for nearly four-and-a-half years.
