Positive News alert!!
With so much bad news about at the moment, you have to look really hard to find the good shoots of growth coming through so we thought we would relay some good news stories to try and combat some of the doom gloom out there and to show that there is light at the end of the tunnel, if you feel like us there are good stories out there, then email us at email@example.com and we will publish them on your behalf.
Activity in the UK's service sector expanded in July at its fastest rate for four months, an industry survey has suggested.
The Markit/Cips services purchasing managers' index (PMI) rose to 55.4 in July from 53.9 in June. A figure above 50 indicates growth.
The figure surprised analysts who had expected a slowdown in activity.
However, the survey also indicated that the service sector cut jobs despite the increased activity.
Employment in the sector had increased slightly during the previous two months.
Increases in the cost of goods bought by firms slowed, but costs remained relatively high as a result of energy price increases and supply chain constraints.
Despite this, stiff competition meant that inflation in the cost of goods bought from service companies was at its lowest rate for 10 months.
The strongest increase in activity in services was seen in the Business Services and IT and Computing sectors.