SUBSCRIBERS

UK services growth at 3-year low as Brexit doubts grip boardrooms

British GDP now looks on track to expand by just 0.3% in the first quarter of 2016, according to Markit

Published Thu, Mar 3, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    London

    THE prospect of Britain voting to leave the European Union sent shivers through the boardrooms of the country's dominant services sector last month, driving growth to a near three-year low.

    New orders in the sector rose in February at the weakest pace since early 2013, prompting companies to cut the rate of hiring to levels last seen 2-1/2 years ago, a survey showed on Thursday.

    Share with us your feedback on BT's products and services