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UK's services sector shows slight growth in May, but faces challenges with job cuts and weak demand.
Britain's services sector showed slight growth in May, rising to 50.9 from a 27-month low of 49 in April.
Improved business optimism, consumer confidence, and marketing efforts contributed to this growth.
However, new order intakes declined due to weak demand, and employers have cut jobs for eight months due to high payroll costs.
Despite the slight improvement, the sector continues to face challenges.
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El sector de servicios del Reino Unido muestra un ligero crecimiento en mayo, pero enfrenta desafíos con recortes de empleos y una débil demanda.