UK Services Activity Growth at 6-Month Low in World Economy News 25/03/2026 The S&P Global UK Services PMI fell to 51.2 in March of 2026 from 53.9 in the previous month, firmly below market expectations that it would ease to 53 to mark the softest pace of expansion since September of last year, according to a flash estimate. New work for service providers slowed amid pressure from the fastest decline in orders from abroad in nearly one year, with foreign clients citing the postponement of new projects in the Middle East and the reduction of international travel. In the meantime, service providers noted a sharp increase in average cost burdens, also related to halted shipping routes from the war in the Middle East. The squeezed margins and softer orders growth drove companies to lower their hiring pace. Lastly, the continued geopolitical risks from the war pressed optimism for service providers. Source: Trading Economics 2026-03-25 hellenicshippingnews... window.___gcfg = {lang: 'en-US'}; (function(w, d, s) { function go(){ var js, fjs = d.getElementsByTagName(s)[0], load = function(url, id) { if (d.getElementById(id)) {return;} js = d.createElement(s); js.src = url; js.id = id; fjs.parentNode.insertBefore(js, fjs); }; load('//connect.facebook.net/en/all.js#xfbml=1', 'fbjssdk'); load('https://apis.google.com/js/plusone.js', 'gplus1js'); load('//platform.twitter.com/widgets.js', 'tweetjs'); } if (w.addEventListener) { w.addEventListener("load", go, false); } else if (w.attachEvent) { w.attachEvent("onload",go); } }(window, document, 'script')); tweet Share