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This article is about a term used in economics. For other uses, see service (disambiguation).

In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

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BBC News | Business | UK Edition

Darling warns of economic crisis
Sat, 30 Aug 2008 07:50:26 -0000
Chancellor Alistair Darling says the UK is facing the worst economic crisis in 60 years and warns of a "profound" downturn.
More firms increase energy bills
Fri, 29 Aug 2008 15:06:22 -0000
Two more energy firms, Scottish Power and Npower, say they will raise prices, blaming more expensive wholesale costs.
Bank insider urges UK rate cuts
Fri, 29 Aug 2008 13:00:34 -0000
Two million people will be out of work by Christmas if interest rates are not cut, a Bank of England policymaker warns.

 
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Easy Exchange - Secure money transfer to South African, Australian and New Zealand bank accounts.
Meta Description: [ Easy & cheap money transfer ]

Forex Capital Markets Ltd - Currency prices tracked using real-time charts and quotes, with a thirty day demonstration account.
Meta Description: [ Currency Trading with FXCM, the leader in online currency trading, provides real-time execution, free forex charts and quotes, and 24 hour commission-free forex trading. FXCM is a regulated Futures Commission Merchant. ]

Intellex Plc - Multi-bank supplier of foreign exchange services. Company and contact details.

Moneynett.com - Money transfers. Includes secure online service.

Online FX - Specialises in selling foreign currencies and traveller's cheques. Online buying with next working day delivery.
Meta Description: [ Commission free foreign currency, travellers cheques and money transfer services, online exchange rate ]

Record Currency Management - Currency risk management services including investment management products and services, primarily for institutional and corporate investors. Information on products, news and glossary.

UK Locals - Treasury support for local authority and corporate treasurers providing free live sterling deposit rates.

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with a 24-hour reception and check-out services. Further facilities include a hotel safe, a currency exchange facility ...
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