Services see growth

THE UK’s services sector rebounded back into growth during March at the fastest rate in seven months, following four months of contraction, according to new data.

The closely followed IHS Markit/CIPS Purchasing Managers’ Index recorded a score of 56.3 last month, compared with 49.5 in February. Anything above 50 is seen as a sector in growth.

Activity, new orders and employment were all up during March.