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UK Service Sector Logs Strong Rebound In March

The UK service sector logged a strong rebound in March as activity, new orders and employment picked up from February, final data from IHS Markit showed on Wednesday. The services Purchasing Managers’ Index advanced to 56.3 from 49.5 in February. The flash reading was 56.8. The score was above the 50.0 no-change level for the first time since October 2020.
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