Britain's economic rebound gathers pace

Britain’s economic data continues to beat expectations, but are we in danger of overheating?

Britain's economic data continues to beat expectations. An index tracking activity in the service sector rose to its highest level since May 1997 last month.

A sub-index tracking employment in the sector is close to a record high, pointing to robust job growth. A survey covering activity in the construction sector reached a five-year high.

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