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Evening Standard
Evening Standard
Business
Henry Saker-Clark

UK business growth slides to 14-month low as service sector shrinks

The services sector includes hospitality, entertainment and culture (Alamy/PA) -

Activity in the UK’s private sector has slumped to its weakest level for 14 months amid “sustained weakness” in the key services sector, according to new figures.

It also came as firms continued to increase prices in reaction to cost pressures from the Middle East conflict and government policy.

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