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
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.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
DBS to launch tokenised physical gold for retail customers in Singapore
S$500 CDC vouchers for all Singaporean households from June 11; Government ready to do more if needed: DPM Gan
Singapore men, are you OK?