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Job shedding accelerates across UK service sector - PMI

By Abigail Townsend

Date: Wednesday 05 Mar 2025

(Sharecast News) - Job cutting across the UK service sector accelerated in February, a closely-watched survey showed on Wednesday, as firms reacted to subdued demand and rising costs.
According to the latest S&P Global UK services PMI survey, the reduction in employment was the fastest since November 2020.

Respondents attributed...

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