Article 3RNDN UK services sector recovers but Brexit fears choke growth

UK services sector recovers but Brexit fears choke growth

by
Richard Partington
from Economics | The Guardian on (#3RNDN)

Businesses bounce back after bad weather but expert says sector is 'losing its lifeblood'

The British economy is showing signs of having come through the worst of its recent slowdown triggered by bad weather, after the dominant services sector expanded more quickly than expected.

Despite the better news from the latest business survey by IHS Markit and the Chartered Institute of Procurement and Supply (Cips), the key barometer for the largest sector in the economy revealed mounting fears over Brexit.

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