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ECONOMICS COMMENTARY Jul 03, 2013

UK: Employment and new orders rise at fastest rates for almost six years as recovery gains traction in June

Business activity grew at the fastest pace for just over two years in June, according to the UK all-sector PMI, fueled by the strongest inflow of new business for almost six years. In an increasingly broad-based economic upturn, surging growth in the service sector accompanied a resurgent manufacturing sector and modest growth in the construction sector.

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