THE UK's dominant services sector last month suffered its steepest drop in activity since April 2009 and shed staff as new orders fell, a key survey shows.
THE UK's dominant services sector last month suffered its steepest drop in activity since April 2009 and shed staff as new orders fell, a key survey shows.
SERVING UP BAD NEWS: The UK's dominant services sector, which includes restaurants, has suffered.
Custom byline text:
Ian McConnell Business Editor
The weakness of the services survey, published yesterday by the Chartered Institute of Purchasing and Supply (CIPS), caught forecasters by surprise.
The survey underlined the challenges facing the UK economy, amid weak consumer and business confidence and continuing cuts in public spending, and raised fears of a triple dip in output.
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