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Uk Service Sector Growth Accelerating, Pmi Survey Says

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Activity in the UK's service sector expanded in July at its fastest rate for four months, an industry survey has suggested.

The Markit/Cips services purchasing managers' index (PMI) rose to 55.4 in July from 53.9 in June. A figure above 50 indicates growth.

The figure surprised analysts who had expected a slowdown in activity.

However, the survey also indicated that the service sector cut jobs despite the increased activity.

Employment in the sector had increased slightly during the previous two months.

More work for less employees to do?

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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