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Analysts at TD Securities note that the UK’s Services PMI fell slightly to 53.9 in September, largely in line with market expectations, and comfortably in the middle of its two-year range.

Key Quotes

“Survey respondents noted that hiring edged up to a 7-month high, but new orders eased slightly. Firms noted that political uncertainty and Brexit worries remained the key constraint on growth, leading to tighter budget plans.”