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UK Business Growth Dips In May, Early Blow To Sunak

A general view of the financial district of London is seen in London

In May, the growth across UK businesses experienced a slight dip, according to the latest Purchasing Managers' Index (PMI) survey. This early setback comes as a challenge for Chancellor Rishi Sunak and the government, indicating potential economic headwinds.

The PMI survey revealed that the overall business activity in the UK showed a decrease compared to the previous month. This decline suggests a slowdown in economic expansion, which could have implications for various sectors and the overall economy.

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