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IHS Markit/CIPS says that "UK service.......>

UK DATA
UK DATA: IHS Markit/CIPS says that "UK service providers signalled a modest
rebound in business activity growth following the snow disruptions seen during
March. However, aside from the low point recorded last month, the latest upturn
in service sector output was the softest for just over a year-and-a-half.
Subdued new business growth persisted in April, which contributed to a further
slowdown in the rate of job creation. Meanwhile, survey respondents also noted
that higher payroll costs continued to drive up operating expenses and place a
squeeze on margins".

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