UK service sector growth ‘seizes up’ as firms put plans on hold before election
by Richard Partington Economics correspondent from on (#6NZ08)
June slowdown - to lowest level in seven months - follows wait-and-see approach' on orders and projects
Growth in the UK service sector slowed last month amid a seize-up" in activity as companies put projects on hold in the run-up to the general election.
The latest snapshot from the data provider S&P Global showed growth in the UK's dominant service sector - which includes transport, IT, finance, communications, property and business services - slowed in June to the lowest level in seven months.
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