‘Sluggish’ UK Business Activity Picks up as Tariff Threat Eases

‘Sluggish’ UK business activity picks up as tariff threat eases

Data from S&P Global showed activity across the UK’s private sector increased in June.

UK Private Sector Grows at Fastest Pace Since Trump Tariffs Hit

The UK private sector expanded at a marginally faster pace in June, helping ease worries of an economic contraction in the second quarter, according to a closely watched survey.

Sluggish UK Businesses Expand Rapidly After Trump Tariffs Eases

The service sector, which comprises most of the UK economy, grew fastest in three months in June, surpassing its French and German counterparts. UK company activity increased slightly in June, with new orders rising for the first time this year. The private sector has expanded as company mood has improved due to some relaxation of the US tariff policy. But it is not all good news. According to a recent survey, employers have reduced employment m…