Article 3183Y UK service sector growth slows as car sales fall dramatically

UK service sector growth slows as car sales fall dramatically

by
Phillip Inman
from on (#3183Y)

Analysts voice concerns that UK economy is being held back, blaming Brexit uncertainty and weak pound

Business leaders have blamed the uncertainty created by Britain's vote to leave the European Union for the slowest pace of output growth in the services sector for almost a year.

Financial data provider Markit said Brexit uncertainty and higher import costs arising from the slump in the pound were behind the stumbling performance of the UK's largest business sector last month.

Related: UK construction 'flirting with recession' as Brexit uncertainty bites

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