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flag UK services sector slows amid Middle East war concerns, raising stagflation risks.

flag The UK's services sector slowed in March to an 11-month low of 50.5, driven by war concerns in the Middle East. flag This uncertainty reduced business spending and investment, while disruptions to shipping and energy raised fuel and material costs. flag Economists warn these factors are increasing the risk of stagflation, where slowing growth meets rising prices.

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