UK Services PMI at seven month high

UK stocks are higher this morning with UK Services PMI data coming in at a seven month high

UK Services PMI at seven month high

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UK stocks are higher this morning as Moderna vaccine begins rolling out in the UK and data just released from IHS Markit shows UK Services PMI (purchasing managers index) at a seven month high of 56.3.

Toshiba is reportedly contemplating a takeover deal said to be worth $20 billion from a British private equity fund.

For the second time in three months the IMF (International Monetary Fund) has lifted its forecast for global expansion in 2021 to 6%.

 

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