Services sector activity in the U.K. powered upwards to close the first quarter of the year, marking the highest rate of growth in over a year and signaling moderate growth to open 2011, according to The Daily Telegraph.
Services activity in the U.K. slowed sharply in the second month of the year, raising concerns that the economic recovery is too fragile for policymakers to tighten policy to contain high inflation, according to The Daily Telegraph.