UK service sector grows more than expected in February: Markit/CIPS

The Markit/CIPS Purchasing Managers' Index (PMI) for services rose to 51.8 last month from 51.5 in January, beating the median forecast of 51 in a Reuters poll of economists.

The sector's second consecutive month above the 50 line denoting growth contrasted with a surprise contraction in UK manufacturing last month. The country's construction sector also shrank in February.

Those surveys revived fears that Britain's economy was heading for a third recession in four years after it shrank in the last quarter of 2012.

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