UK Service Sector Growth At 17 Month High

Britain’s powerful services sector is motoring: the services Purchasing Managers’ Index is now at its highest for 17 months. Services make up 80% of the UK economy and the PMI surge to 56.2, up from 55.2 in November, is a noteworthy uptick in business activity. A Bloomberg survey of City economists predicted the services PMI would fall to 54.7 this month. More of that group-think, wrong-think

Chris Williamson, chief business economist at IHS Markit, said:

“A buoyant service sector adds to signs that the UK economy continues to defy widely-held expectations of a Brexit-driven slowdown. The faster growth of services activity follows similar news of improvements in the manufacturing and construction sectors at the end of 2016.”

Brexit Britain booming!


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Lucy Allan explains her positive comments about the Brexit Party…

“If EU elections are held, Leave supporting voters will want to vote for Leave supporting candidates… Usual party loyalties will be eclipsed by the Leave v Remain divide. It’s good to see strong candidates in the Leave camp. However, I sincerely hope we leave the EU before these elections are held so that we can move on and not waste time and money on unnecessary EU elections.”

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