THE dominant UK services sector grew at its slowest pace in almost two years in November sparking concerns the economy may contract in the fourth quarter.
THE dominant UK services sector grew at its slowest pace in almost two years in November sparking concerns the economy may contract in the fourth quarter.
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GREIG CAMERON DEPUTY BUSINESS EDITOR
The 50.2 reading in the Markit/CIPS purchasing managers index (PMI) was above the 50 mark which signals expansion but below the 50.6 recorded in October.
Confidence in the sector dipped in November to the lowest seen in 2012 due to worries over the direction of the economy and public sector spending cuts.
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