Article 3KZPN Severe cold snap hits UK service sector

Severe cold snap hits UK service sector

by
Larry Elliott Economics editor
from Economics | The Guardian on (#3KZPN)

Weather partly blamed for weakest month since the Brexit vote

The UK services sector has had its weakest month since the Brexit vote, after arctic weather brought businesses to a standstill.

The latest snapshot of the economy from IHS Markit and the Chartered Institute for Purchasing and Supply found that services - which account for almost 80% of national output - registered virtually no growth in March.

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