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
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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.
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