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UK Services Activity Returns To Expansion Zone

The UK service sector logged a renewed upturn in May amid rising confidence among clients along with receding concerns about US tariffs, final purchasing managers' survey data from S&P Global showed on Wednesday.

The services Purchasing Managers' Index climbed to 50.9 in May from April's 27-month low of 49.0. A reading above 50 indicates expansion. The score was above the initial estimate of 50.2.

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by RTTNews Staff Writer

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