UK interest rates increase expected after services sector activity accelerates
Purchasing manager’s index at eight-month high, bolstered by spending on AI as firms regain momentum since start of Iran war Business live – latest updates The Bank of England is expected to raise interest rates on Thursday after a closely watched survey showed growth across the UK’s services sector leapt last month to an eight-month high, bolstered by spending on artificial intelligence. S&P…
We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.
