UK Services PMI at seven month high

UK stocks are higher this morning with UK Services PMI coming in at at a seven month high.

UK Services PMI at seven month high

UK stocks are higher this morning as Moderna vaccine begins rolling out in the UK and data just released from IHS Markit shows UK Services PMI (purchasing managers index) at a seven month high of 56.3.

Toshiba is reportedly contemplating a takeover deal said to be worth $20 billion from a British private equity fund.

For the second time in three months the IMF (International Monetary Fund) has lifted its forecast for global expansion in 2021 to 6%.

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