Lloyds survey for June, showed 5 of 14 sectors with faster growth (compared to 11 in May).

Concerns from business centred on (these are familiar from elsewhere, not just the UK):

  • inflation, capacity constraints and staff shortages

Lloyds analyst comments;

  • "The slowdown of output growth across the majority of sectors shows we are entering a new phase of the UK's recovery"
  • "We are less likely to experience the rapid month-on-month output growth we've typically seen when businesses have been able restart operations after successive lockdowns."

Reuters have more here