Britain’s services sector, accounting for much of the economy, shrank in April for the first time since October 2023 and at the fastest pace in more than two years, according to a survey that showed US tariff turmoil is hammering exports and sentiment.
The S&P Global UK Services Purchasing Managers Index dropped to 49.0 last month from March’s 52.5, the steepest pace of decline since January 2023 although it was
