UK service sector growth slows PMI survey shows

Growth in the UK’s dominant service sector slowed in April but remained “solid” according to the Purchasing Managers’ survey.The Markit/CIPS services purchasing managers’ index (PMI) fell to 53.3 last month from 55.3 in March. A number above 50 still indicates growth. The survey found that profit margins were under pressure from a “strong” rise in […]

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UK employees work longer hours than most EU countries

Full time employees in the UK work longer hours than the European Union average according to new data from the Office for National Statistics.The UK average of 42.7 hours compares with 41.6 across the EU. Only employees in Austria and Greece put in a longer working week, with both at 43.7 hours. The country with […]

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