The United Kingdom’s services sector showed a modest further loss of momentum in June, as the S&P Global Services PMI edged down to 48.8. The latest reading, updated on 3 July 2026, slipped from a previous level of 49.3, also recorded in June 2026.
With both the prior and current figures sitting below the 50.0 threshold that separates expansion from contraction, the data signal continued pressure on the UK’s dominant services industry. The move from 49.3 to 48.8 points to a slightly deeper contraction in activity, underscoring a fragile operating environment for service providers heading into the second half of the year.
