UK services growth offers respite for Rachel Reeves ahead of Spring Statement

Open the Editor’s Marking Free

Rulla Khalaf, the FT editor, chooses its preferred stories in this week’s news.

The services helped the products of the private sector of the United Kingdom increased more than the rapid pace of March and six months, beating the organ to the government on Wednesday.

In March, up to 52 rose to the initial reading of the Index of the S & P composite purchase of the United Kingdom, 52 rose in March, until February 50.5 in six months.

At 50 levels were above 50, which separates the growth and contraction, and a higher than 50.3 forecast by economists surveyed by Reuters.

The economist of Chris Williamson, S & P Global Market Intelligence, said: Spring statement:Offering respect from the latest flow of dominant economic data. “

However, he noted that the improvement is pushed “only from small pockets growth“Especially in the financial services, consumer, and manufacturers continue to fight at home and abroad.