UK Services Sector Growth Remains Sluggish
The S&P Global Flash UK Services PMI rose to 51.1 in October 2025 from 50.8 in September and broadly in line with market forecasts of 51, according to a flash estimate.
Output continued to grow but only slightly, with the latest increase marking the second-weakest since May. Firms often cited subdued consumer sentiment and delayed business decisions in anticipation of the November Budget.
In the meantime, reductions in staffing levels moderated. On the price front, input cost inflation slowed, with output charges also rising at a softer pace. Looking forward, business activity expectations for the year ahead improved slightly, supported by rising optimism, tentative signs of a market turnaround, and planned new product launches and marketing initiatives.
Source: Tradingeconomics.com