British services growth eases but hiring booms

LONDON: Growth in Britain’s dominant services sector eased back in February but firms hired staff at the second-fastest rate on record, wages rose and new orders increased, a further sign that the economy has got off to a strong start in 2015.

The Markit/CIPS UK Services Purchasing Managers’ Index (PMI) slipped more than expected to 56.7, from 57.2 in January.