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flag UK private sector activity hits two-year low, with PMI score of 48.2 signaling contraction.

flag The UK's private sector activity hit a two-year low in April, with the S&P Global flash UK composite PMI reporting a score of 48.2, indicating contraction. flag The decline was partly due to US trade tariffs, hitting exporters, especially car manufacturers, hard. flag New international work fell at the fastest rate in nearly five years, and job cuts continued for the seventh straight month, raising concerns about the UK's economic outlook.

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