04-July-2026
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Economy News
 
Britain's Services Sector Contracts Sharply Under Strain of Iran War, PMI Shows
04-Jul-2026

Activity in Britain's dominant services sector contracted for a second month running in June and by the most since early 2023 as the fallout from the Iran war continued to weigh on companies, a closely watched survey showed on Friday.

News Source:- https://money.usnews.com/investing/news/articles/2026-07-03/britains-services-sector-contracts-sharply-under-strain-of-iran-war-pmi-shows