Service sector boost for UK economy in January
The UK's services sector grew at its fastest pace for five months in January, raising hopes that the economy will avoid falling back into recession.
Figures from the Office for National Statistics show that output rose by 0.3% in January from December. The largest contributions came from transport and financial services.
The services sector, which includes areas such as transport, communication, hotels and restaurants, has grown in spite of weaknesses in the manufacturing and construction sector.
Hugh Pym reports.
28 Mar 2013
- From the section Business