Services companies returned to growth after contraction in preceding monthBritain’s economy recovered some of its momentum final month after businesses shook off the threat of a no-deal Brexit,as data from the country’s dominant services sector showed modest growth.
Services companies returned to positive territory after a brief period of contraction in March, according to a closely watched survey, or while further data this week revealed that a dive in manufacturing exports was offset by a mild recovery in the construction sector. Experts said the figures indicated the UK economy was moving ahead but with a reliance on stockpiling – in case of a disorderly Brexit – rather than new orders to boost activity.
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Source: theguardian.com