The IHS Markit’s Services PMI rose from 61.0 in April to 62.9 in May The UK economy is seeing substantial growth as the service sector experiences soaring demand on lockdown restrictions being eased across the country. According to the latest survey of purchasing managers at UK services firms, activity has risen during May at the […]

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IHS Market PMI for services at 56.3 The UK services sector made a return to growth last month as unemployment, business activities and new orders returned to growth from February. Data that emerged on Wednesday shows that the UK’s so far successful roll-out of vaccines has led the economy to bounce back quicker than first […]

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Following the Dow Jones hitting its all-time high on Monday, indices saw trade War optimism run out of steam on Tuesday. European markets began in a fairly unenthusiastic manner, with tensions not yet resolved and today’s UK services PMI. Commenting on the market’s opening movements and trade war tensions, Spreadex Financial Analyst Connor Campbell stated, […]

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