Britain’s services sector peaked at a three month high following a slower performance during the winter season. The Pound jumped 50 pips against the Euro on the release. The weaker Pound continues to drive inward investment and UK exports remain attractive despite Brexit uncertainty.

The release follows weaker data earlier this week, with both Construction and Manufacturing PMI showing a slight contraction.

This also marks the 8th consecutive month where PMI data has been over the 50 point mark.