4th December 2015 - Business News

‘UK services growing at encouraging rate for economy’

The key services sector has been steadily rising, as reported by The Guardian. The purchasing managers index, which is compiled by the Chartered Institute of Purchasing and Supply, recorded a 1% rise since July – from 54.9 to 55.9 in October.

Though manufacturing and construction growth has been floundering, the services sector, which includes anything from hairdressers to management consultants, has been key in Britain’s economic recovery.