![Sluggish UK_0105](https://firstmetro.com.ph/wp-content/uploads/2024/01/Sluggish-UK_0105.jpg)
- Services PMI stronger than preliminary Dec reading
- BoE data shows net consumer borrowing strongest since 2017
- Mortgage approvals also above Reuters poll forecasts
- Recession risks seen receding
- Economy will be centre ground of expected UK election
https://www.reuters.com/markets/europe/uk-service-firms-end-2023-high-pmi-survey-2024-01-04/