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Decisive UK election result cheers companies - PMIs

Optimism among companies in Britain’s dominant services sector surged after Prime Minister Boris Johnson’s landslide election win last month, despite continued economic stagnation, a business survey showed on Monday.

Decisive UK election result cheers companies - PMIs
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The business expectations component of the IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) hit its highest level since September 2018, while order books increased for the first time in four months.

Read more at Reuters

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