Fears of UK economic slowdown

Fears of UK economic slowdown

Services sector slump fans fears of UK economic slowdown PMI/Markit survey shows business activity at lowest level since February 2013 as EU referendum and global slowdown fears take hold A sharp slowdown in Britain’s vast services sector, which covers everything from banking to hotels, has fanned fears of UK economic slowdown, hurt by a downturn in global trade and jitters ahead of June’s knife-edge EU referendum. A closely watched survey of businesses in the UK’s biggest sector showed activity slumped in April to its slowest pace for more than three years. That…