Confidence in the housing market helped the UK service sector continue with its coronavirus rebound in September, new data suggested today. But the rate of growth slowed last month compared to August, following the end of the Government's Eat Out To Help Out scheme. Chancellor Rishi Sunak's stamp duty holiday helped, with estate agents and related businesses enjoying strong growth to offset falls elsewhere. The rate of growth slowed last month compared to August, following the end of the Government's Eat Out To Help Out scheme. The service sector growth was also stalled by tighter restrictions introduced during the month, and the lack of international tourists is hurting business, the survey added.

Source: Daily Mail October 05, 2020 17:19 UTC