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UK services sector growth at six-year high

The UK service sector grew at its fastest pace in six years in August, according to the latest survey by Markit and the Chartered Institute of Purchasing and Supply (CIPS).

The business activity index registered 60.5 in August, the highest reading in more than six-and-a-half years.

It also showed that backlogs of work are running at the highest level in more than 13 years.

But despite the extra work, there was only a small increase in employment.

Stephanie Flanders reports

  • 04 Sep 2013
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