Easy UK powers away from the eurozone

The difference between May PMIs of the eurozone and Britain, which both improved, highlights just how superior the UK's recovery policies have been.

There was a tiny glimmer of hope for the eurozone in the form of the final estimates of the purchasing managers indices for May. And while the light at the end of the recessionary tunnel in the eurozone is still very faint, across the English Channel, the UK services PMI jumped sharply to suggest better economic times ahead for Britain.

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