UK economy close to stalling amid Brexit uncertainty

Employment levels falling at fastest pace in almost nine years, survey finds

The UK economy came close to flatlining last month as Brexit uncertainty intensified and the global economy weakened, with employment levels falling at the fastest pace in almost nine years.

According to the latest snapshot of Britain's services sector - which accounts for 80% of economic growth - businesses have begun to delay hiring staff against a backdrop of subdued demand and concerns about the economic outlook as the scheduled date of the UK's departure from the EU draws nearer.

Related: UK retailers suffer weaker sales due to Brexit uncertainty