QROPS ADVICE: Investment News: Is Britain emerging from the recession?

A U.K. index of service industries from insurance to property brokers showed faster expansion in December, a sign Britain is emerging from the recession. The gauge, based on a survey of purchasing managers, rose to 56.8 from 56.6 in November, Markit Economics and the Chartered Institute of Purchasing and Supply said on Tuesday. Chancellor of the Exchequer Alistair Darling said yesterday that he expects economic growth to have resumed "at the turn of the year," in time for an election which the government must fight by June. The Bank of England may hold its bond purchase program at UKS200bn (USD321bn) on Wednesday as officials assess the economy's recovery.