The Mudcat Café TM
Thread #165570   Message #3974929
Posted By: Steve Shaw
05-Feb-19 - 07:54 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
From Larry Elliott in the Guardian:

Britain’s pivotal services sector has posted its weakest performance since the immediate aftermath of the EU referendum amid growing signs that Brexit uncertainty has slowed the economy to stall speed.

The latest health check of a sector that accounts for almost 80% of UK output showed services companies starting to reduce staff numbers in response to a decline in new business.

Following downbeat news from the manufacturing sectors, the closely watched survey of services from the Chartered Institute of Procurement and Supply and IHS Markit heightened concerns that the UK’s planned exit from the EU at the end of March would be accompanied by an economy flirting with recession.


I just love to give the brexiteers hereabouts something to scrabble about with to see if they can blame anything they can find, ANYTHING but brexit...