Article 6VMS4 Weak UK consumer spending is denting business mood, says CBI

Weak UK consumer spending is denting business mood, says CBI

by
Graeme Wearden
from World news | The Guardian on (#6VMS4)

Employers lobby group says business activity is falling with most firms expecting worse to come

Business activity across the UK private sector declined in the last three months, a survey has found, as weak consumer spending hits companies.

The latest growth indicator produced by the Confederation of British Industry (CBI) shows that UK private sector activity fell again in the three months to February, at a faster rate than in the quarter to January.

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