12/02/2024
The UK's services sector experienced its fastest expansion in eight months, with the S&P Global UK Services purchasing manager's index (PMI) rising to 54.3 in January, signalling growth for the third consecutive month. Find out more at www.investuk.com. In contrast, France and Germany faced economic challenges, with France's services businesses in their longest downturn in over a decade and Germany's services sector PMI reaching a five-month low, indicating a difficult start to the first quarter for both countries.
Britain’s dominant services sector expanded at its fastest pace in eight months as France and Germany’s companies slumped, according to closely-watched surveys.