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The Guardian - Back to homeThe Guardian

Services sector

July 2024

  • The electric arc furnace at the Celsa steelworks: sparks fly out as liquid steel is poured in a dramatically-lit image showing the molten steel and sparks and illuminated heavy machinery against a dark blue and black background

    UK business activity expands in ‘encouraging start to second half of year’

    S&P Global flash composite purchasing managers’ index shows July rise for manufacturing and services sectors
  • Larry Elliott

    Economics viewpoint
    Growing UK’s services-based economy was never going to be easy

    Larry Elliott
    High interest rates are needed to reduce wage inflation but productivity improvements are harder to chisel out

    • Fear of persistent inflation? Bank of England should shake it off

    • UK interest rates will stay high unless service sector inflation falls, says IMF

    • UK service sector growth ‘seizes up’ as firms put plans on hold before election

June 2024

  • A blurred, speeding London overground train hurtles towards the skyscrapers of the City of London, including the Gherkin, as the sun rises in the background

    Next PM likely to inherit improved economy after UK growth revised up

  • Beefeater Travellers Rest, Harrow

    Beefeater owner threatened with legal action over plan for 1,500 job cuts

  • England fans at the Boxpark bar in Wembley during last year’s Women’s World Cup.

    Want to book a pub table for Euro 2024? It may be too late

  • a huge container ship with a large blue crane in the background

    UK clothing sales to EU plummet as Brexit red tape deters exporters

May 2024

  • the City of London, with the modern skyscrapers in the background and the Tower of London in the foreground

    Things can only get better? For Sunak and the UK economy, this might be as good as it gets

  • A table laid at a restaurant in readiness for customers

    Big drop in UK inflation rate disguises more disappointing details

  • A woman holds a basket of groceries in a supermarket

    UK inflation falls by less than expected to 2.3%, reducing chance of June rate cut

  • Glass dome exterior of Meadowhall shopping centre

    British Land sells stake in Sheffield’s Meadowhall shopping centre for £360m

  • UK has moved out of recession, official figures show

  • Latest GDP figures offer some better news – but boom-boom Britain it ain’t

  • Bank of England keeps interest rates at 5.25% but hints at a June cut

  • UK will be worst performer in G7 next year, OECD forecasts

April 2024

  • The Bank of England’s chief economist, Huw Pill, against a dark background

    Bank of England’s chief economist dampens hopes of summer interest rates cut

  • An elated Martha Lane Fox on Mount Snowdon on Saturday. ‘It was much harder going down,’ she said.

    ‘I was very nearly dead’: high achiever Martha Lane Fox is now on a mission to conquer mountains

March 2024

  • Britain’s business secretary, Kemi Badenoch, greets Turkey’s trade minister, Ömer Bolat, at the start of talks in London on an upgraded free trade agreement.

    UK embarks on post-Brexit trade talks with Turkey

    Talks offer ‘huge opportunities’ but come at a delicate time after Ankara held up Sweden’s accession to Nato
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