
Siemens Energy’s record quarter reflects surging global electricity infrastructure demand. AI data centres, Middle Eastern projects, and an improving wind division lifted orders, revenue, profitability, and the group’s full-year expectations.

Britain’s services sector returned to growth as domestic demand improved. July’s PMI reached 52.1, but employment declined for a 22nd consecutive month and export orders remained under pressure.

July’s largest US-linked deals centred on networks, infrastructure, and scale. Uber, Solstice, KKR, ICE, and Brookfield led a month shaped by durable cash flows, strategic distribution, AI investment, and tighter regulatory design.

Eurozone private-sector activity returned to growth as services strengthened broadly. July’s PMI data showed rising orders, improved confidence, and stabilising employment, although national divergence, industrial weakness, and persistent cost pressures continue to cloud the recovery.

EY warns prolonged Hormuz disruption could push Britain into recession. Its downside model shows GDP contracting by 0.2% in 2027 and inflation potentially reaching 6.4% this year.

UK manufacturing expanded again, but July growth lost momentum markedly. The PMI fell to a four-month low as employment stagnated, inventories declined, and geopolitical disruption complicated operating decisions.

UK business confidence reached a four-month high during July’s survey. Economic optimism rose sharply, although companies’ expectations for their own trading performance remained unchanged and several regions and sectors continued to report weaker sentiment.

Technical education reform has triggered a wider talent debate. Business figures say the government must value academic, vocational, entrepreneurial, and neurodivergent pathways if its skills agenda is to support future workforce needs.

Small business growth has slowed for another quarter. Xero data shows UK sales growth fell to 3.6% and jobs growth to 1.7%, with hospitality, retail, agriculture, and payment delays adding pressure.

Aviation decarbonisation is facing a supply and cost test. BloombergNEF analysis shows sustainable aviation fuel prices have risen 10% over the past year, while production remains a small fraction of global jet fuel demand.