Sluggish services sector performance in March hints at UK slowdown
by Angela Monaghan from on (#19DB1)
Markit/Cips PMI suggests sector's progress came to near standstill amid slowing global economy and EU referendum uncertainty
The slowing global economy and uncertainty over the EU referendum weighed on Britain's services sector in March, in the latest sign that the UK recovery is losing momentum.
A closely watched survey suggested that progress in the UK's dominant sector came to a virtual standstill last month as companies weighed up a combination of risks, including the looming prospect of an exit from the EU.
Related: UK service sector sees slow recovery, while IMF fears and oil falls hit markets - business live
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