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UK services sector activity improving

7 April 2010
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UK services sector activity improvingBritain''s services industry is starting to recover from the impact of the recession and is witnessing steady growth in activity.

This is according to the latest Purchasing Managers'' Index (PMI), which shows the pace of increase slowed slightly over the month but remained above the 50 mark that is indicative of expanding activity.

It was recorded at 56.5 in March, slight below a rise to 58.4 in February.

Additionally, the first increase in employment was recorded during March since April 2008 and Markit senior economist Paul Smith said: "The services sector continues to play a strong role in the recovery of the U.K. economy."

Business expectations in the sector have grown and firms are predicting that it will emerge from the downturn during 2010.

Those concerned with continuous improvement in services organisations are also advised the government recently announced a new programme of support designed to encourage innovation in the professional and business services industries.ADNFCR-3058-ID-19707636-ADNFCR
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