Finance Tart

The Chartered Institute of Purchasing and Supply(CIPS)/Markit construction PMI index for June remained at around the same pace as May.
The index dipped to 58.4 in June from 58.5 in May – albeit this still represented the highest level since September 2007.
Furthermore, the index is still above the crucial 50 level, which indicates the sector is [...]

The key services sector slowed in January as a result of bad weather and the VAT rise, according to analysts.
The latest activity index from the Chartered Institute of Purchasing and Supply (CIPS)/Markit PMI showed a reading of 54.5 in January from the 56.8 in December – however, any reading above 50 indicates growth.
The reading was [...]