The UK economy’s rebound from recession appeared to be gathering momentum in March, with a key industry survey showing growth across all three main sectors for the first time in almost two years.
S&P Global’s construction purchasing managers’ index edged up to 50.2 in March from 49.7 the previous month, ending a six-month period of falling output. Readings above 50 signals growth, and the score was slightly stronger than the 49.9 expected.