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Tag: Services sector

How has Brexit vote affected UK economy? December verdict | Business

[ad_1] Sterling surges on Johnson’s election landslide The pound has risen sharply over the past month as currency traders in the City of London bet that an election victory for Boris Johnson’s Conservatives would lift some of the intense political uncertainty facing Britain. Sterling jumped by more than two cents against the US dollar and …

How has Brexit vote affected UK economy? December verdict | BusinessRead More

Are economic doldrums likely to continue? Experts discuss the data | Business

[ad_1] Andrew Sentance Senior adviser to Cambridge Econometrics and member of the Bank of England’s monetary policy committee (MPC) from 2006-11 The evidence from the real economy over the past month suggests little change to the pattern of stagnation we have seen for most of this year. Both the CBI survey and the official index …

Are economic doldrums likely to continue? Experts discuss the data | BusinessRead More

UK edges towards recession as service sector sinks | Business

[ad_1] Britain has edged closer to its first recession since the financial crisis after the country’s dominant service sector unexpectedly plunged into contraction last month, in a sign of the mounting stress facing the economy as Brexit looms. According to IHS Markit and the Chartered Institute of Procurement and Supply (Cips), activity in the sector …

UK edges towards recession as service sector sinks | BusinessRead More