UK services sector returns to growth as business confidence rebounds

Britain’s dominant services sector returned to growth last month as new orders picked up, according to a survey by ​S&P Global that showed expectations for activity in the ‌next 12 months were the highest since before the start of the Iran war in February.

The S&P Global UK Services Purchasing Managers’ Index (PMI), published this week, ​rose to 52.1 in July from 48.8 in June, its first ​growth since April and above an earlier provisional or flash ⁠reading of 51.8....