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Service sector shrinks at fastest pace in 12 years

Fears of deep and prolonged UK recession intensified yesterday with revelations that service sector activity tumbled last month at the fastest pace since comparable records began 12 years ago.

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IAN McCONNELL, Business Editor

Fears of deep and prolonged UK recession intensified yesterday with revelations that service sector activity tumbled last month at the fastest pace since comparable records began 12 years ago and that manufacturing is suffering its most sustained contraction since 1980.