Britain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easing cost pressures boosted activity. Improved business optimism and softer inflation supported UK and European equities, although employment and export demand remained weak, according to Reuters.
Britain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easing cost pressures boosted activity. Improved business optimism and softer inflation supported UK and European equities, although employment and export demand remained weak, according to Reuters.
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