The UK service sector grew the most in five months in January amid strong growth in output and new work, final data from S&P Global showed on Wednesday.
The final services Purchasing Managers' Index advanced to 54.0 in January from 51.4 in December. The flash score was 54.3.
The reading has remained above the 50.0 threshold for the ninth consecutive month. Moreover, the reading was the highest since August 2025.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.