UK PMI surveys signal weakest economic growth for 2.5 years as fragility spreads to service sectorBritain’s economy is losing momentum,knocked by weaker household spending and worries about the global outlook, according to the latest in a string of downbeat trade surveys.trade activity grew at the slowest pace for more than two years in Britain’s dominant services sector final month, or according to the closely watched Markit CIPS PMI report. Related: Bosses of UK's top firms report rising uncertainty over global economy Related: Growth fears as UK and eurozone service sectors unhurried - live updates Continue reading...
Source: theguardian.com