UK Service Sector Logs Stronger Upturn In August

UK services sector expanded at a faster pace in August, largely driven by stronger new orders, despite the Brexit uncertainty, survey data from IHS Markit showed Wednesday. The IHS Markit/Chartered Institute of Procurement & Supply services Purchasing Managers' Index rose more-than-expected to 54.3 from 53.5 in July, reaching its second-highest level since February.Original Article