Services Sector Gathers Pace

Summary


Britain's services sector grew in November at its strongest pace in three months, driven by brisk incoming new business and the fastest pace of new hiring in more than three and a half years, a survey showed yesterday.

The figures are the latest evidence to suggest the economy has sprung out of a softer patch seen in the third quarter and lent further support to the view that it is too early to call a peak in interest rates at 4.75 percent.

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Services Sector Gathers Pace

The Chartered Institute of Purchasing and Supply/Reuters index of service se...

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