The UK services sector moved back into expansion territory in July, as the S&P Global Services PMI rose to 52.1, up from 48.8 previously. Both the prior and current readings relate to July 2026, with the latest data update published on 5 August 2026.
The move from below the 50-point threshold to comfortably above it signals a shift from contraction to growth in services activity. This improvement suggests strengthening demand conditions in the UK’s dominant services industry, a key component of overall economic performance.
While detailed drivers behind the rebound were not provided, the jump from 48.8 to 52.1 will likely be viewed positively by markets monitoring the resilience of UK economic activity and the trajectory of business sentiment in the second half of 2026.
