Britain’s service sector ends year with stronger-than-expected growth

Business | Business News Britain’s service sector grew at the fastest rate in December for six months, beating expectations as firms ended the year in higher spirits. The S&P Global/CIPS UK services PMI survey showed a reading of 53.4 in December, up from 50.9 in November. The score came in higher than the score of 52.7 that economists had been expecting, according to a consensus figure compiled by Pantheon Macroeconomics.Any score above 50 indicates that the sector is growing. Businesses in the UK’s sprawling service industry, which spans restaurants and pubs to healthcare and financial firms, were buoyed by stronger levels of…