UK economy on ‘firmer footing’ amid rising services sector activity and consumer confidence – business live

Rolling coverage of the latest events in global financial markets, the economy and major corporate moves Economists are also taking heart from the PMI survey, which will come as a welcome positive sign after the less-than-ideal public finances data earlier this morning. Jake Finney, a senior economist at PwC, said: The latest PMI data provides increasingly encouraging signs that the economy is finding firmer footing. The composite index has now been solidly in expansion territory for two…