UK services sector has biggest fall in orders for nearly three years

Figures add to pressure on Bank of England to cut interest rates when it meets on ThursdayBusiness live – latest updatesThe UK’s dominant service sector has reported its biggest drop in new orders in almost three years in July, adding to pressure on the Bank of England to cut interest rates on Thursday.Sounding the alarm over a loss of momentum amid a worsening global economic backdrop, the data provider S&P Global Market Intelligence said total new work in the sector, which accounts for about 80% of the economy, eased to the slowest pace since November 2022. Continue reading...

Comments

Business News

Former fund manager Neil Woodford to be banned and fined almost £46m

Evening Standard

Comments

Similar News

National Living Wage could rise next year in boost for UK workers

Leading UK property expert reveals the best home to buy right now

Domino’s Pizza profits dive as people cut back on takeaways in UK

Aldi loses title of UK’s cheapest supermarket

First UK-based firm gets space launch licence

Business news live: FTSE 100 latest as Diageo report profits and UK strikes £19m pork deal with Mexico

Price hikes are music to the ears of Spotify investors - but UK subscribers won't be hit

McDonald’s UK arm slashed donations to Children in Need last year, accounts show

‘I’d do it all again’: the UK factory worker who beat the car lenders in court

George Osborne says UK has been left behind in cryptocurrency boom

All jobs eligible for a Blue Light Card with hundreds of discounts across UK

Report: Convertible cars sold in UK almost halved in last 25 years

DWP PIP rule changes and what they mean for free bus passes across UK

Papa John's shuts 74 locations across the UK

Popular restaurant chain shuts 74 locations across the UK after financial losses

Papa John's confirms 74 outlets closed across UK as chain hit difficulties

Car finance scandal: shares in UK lenders jump after supreme court ruling

Save £275 on the UK safari Billie Faiers says is ‘wonderful’ for entertaining kids of different ages

Catherine Ashton on the UK’s role in a changing world – podcast

Airline hails spike in premium bookings to the UK

Business News

Former fund manager Neil Woodford to be banned and fined almost £46m

August 2025 shop closures - full list revealed

Wall Street workers poised for bonuses to spike as much as 30% — bucking dire warnings

Kentucky’s $9B whiskey industry in crisis as Gen Z drinkers shun bourbon, tariffs take toll

Switzerland's president rushes to Washington in effort to avert steep US tariffs

Krill fishery in Antarctica shut down after record catch triggers closure

NATO to coordinate regular and large-scale arm deliveries to Ukraine. Most will be bought from US

State pension age could hit 80 unless major changes made, expert warns

NS&I urged to sign up to services to simplify process for reporting a death

Warning for savers as 300,000 more people set to pay tax on their savings

Tuesday, August 5. Russia’s War On Ukraine: News And

2025 Copa América Femenina Review: Marta Magic Causes Colombian Heartbreak

Bon Jovi’s Chart Resurgence Shows Decades-Long Staying Power

Physician Starting Pay Hits $400,000 A Year

Netflix’s Best New Show Scored 95% On Rotten Tomatoes

Novak Djokovic Withdraws From Cincinnati Open

'A used car dealer sold me a dud and won't refund it - what can I do?'

British Land hires lawyers to scrutinise retail rescue deals

Next shoppers 'buy more colours' of 'slimming' and 'good value' capri trousers

Strictly’s Dianne Buswell hails her retro radio her ‘new fave thing’ and it just landed in a flash sale

Get four Supergoop! SPFs for £11 each in limited-time bundle offer

Millions of lowest paid set for big pay rise to £12.71 an hour national living wage

Princess Andre creates the ultimate ‘juicy lips’ look with these exact products

Benefit that 'can't overlap' with state pension could stop at 66

Hot sleepers recommend all-year-round duvet that's cosy 'without weight'

Shoppers race to buy Alison Hammond’s maxi dress that’s ‘flowy' in muggy weather

Top Tech: Sky's best Apple, Samsung and Google phone deals at less than £25 a month

Next launches £22 fragrance beauty box worth £56 featuring bestselling YSL perfume

First EVs to receive the new Electric Car Grant

Reeves blamed for pushing restaurants and pubs into 'survival mode'

Tesla sales in Britain plummet amid Musk backlash

Britain's cheapest supermarket is revealed as Aldi loses out on top spot for the first time in 20 months

Tesco launches birthday cake sandwich complete with sprinkles and frosting

NS&I urged to sign up to services to simplify process for reporting a death

Train operator bucks trend by introducing first-class travel

National living wage likely to rise to £12.71 next year, advisory body estimates

Domino’s opening fewer stores because of labour cost increases

Nations gather in Geneva to again confront the world's spiraling plastic pollution crisis

Battle against state pensions gender gap ‘nearly won’ for new retirees

How GolfRoots Is Making Golf Clubs (And The Game) More Accessible

What Time Does ‘Wednesday’ Season 2 Come Out On Netflix

Former fund manager Woodford facing ban and &#163;46m fine

Registrations of new cars down by 5% in July as drivers delay EV purchases

Battle against state pensions gender gap ‘nearly won’ for new retirees

Former fund manager Neil Woodford to be banned and fined almost £46m

Service industry growth slows as firms hit by ‘sluggish’ demand

BP increases staff cuts to 6,200 and signals further possible reductions

August 2025 bank holiday payment dates for benefits and pensions plus cost of living support

BP raises prospect of more job losses as AI drives efficiency

Trump And Murdoch Agree To Delay 94-Year-Old’s Deposition Until Dismissal Hearing In WSJ Epstein Case

Latest AI Companions Being Paired With AI For Mental Health Makes A Precarious Mishmash

India Box Office: ‘Dhadak 2’ Fades In Competition With ‘Saiyaara’

'Game changer' anti-ageing serum that's usually £35 axed to £10 at Boots today

Save £60 on 'must-have' LED face mask that 'works wonders for acne and wrinkles'

'My in-laws kept my wedding flowers and bouquet - I'm so angry'

Amazon shoppers blown away by 'military-grade' £59 smartwatch with 'cool features'

Boots reduces 'flawless' £28 Liz Earle skincare that 'blends beautifully' to £10

Former fund manager Woodford facing ban and £46m fine