Economics
U.K. Services Expand for 14th Month as Confidence Increases
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U.K. services expanded for a 14th month in February as an index of employment rose and confidence increased to the highest level since September 2009.
A Purchasing Managers’ Index was 58.2 compared with 58.3 in January, Markit Economics said in an e-mailed statement in London today. The median estimate of 30 economists in a Bloomberg News survey was for a reading of 58. A level above 50 indicates expansion.