UK services growth casts doubt on BoE rate cut prospects - PMI

By William Schomberg LONDON, (Reuters) - Britain's services sector grew more strongly than expected in September, a survey showed, adding to doubts about the need for a new Bank of England interest rate cut next month to cushion the Brexit vote impact. The Markit/CIPS Purchasing Managers' Index (PMI) for the dominant services sector slowed slightly to 52.6 in September from 52.9 in August, when it staged the biggest one-month gain in the survey's 20-year history. "The solid PMI readings for Sept