The UK S&P Global Composite PMI was at 51.4 in December of 2025, inching higher from 51.2 in the previous month but revised sharply lower from the preliminary estimate of 52.1 and missing the initial market estimates of 51.6. Still, the result reflected the eighth consecutive period of expansion in the British private sector activity with a slightly firmer expansion for services (51.4 vs 51.3 in November) and an extension to the rebound for manufacturers (50.6 vs 50.2), which was their highest reading in over one year. New work at the aggregate level rebounded moderately, but higher employment costs and uncertainty for future demand expectations drove employment numbers to fall at a robust pace. Likewise, input cost inflation accelerated for the second month to its highest since May, driving output charges to rise the most in four months.