Wednesday, Aug 04, 2010

Things are looking bad

Yahoo: UK services grow at slowest rate in over a year

"Behind the weaker growth profile for the service sector is a failure of confidence to rebound from the record fall seen in the aftermath of the emergency budget," said Paul Smith, a senior Markit economist.
"Expectations about prospects for the coming year appear to have down-shifted ... with reports of cancelled contracts and reduced enquiries adding to the sense that tough times lie ahead."

Posted by mark @ 12:00 PM (608 views) Add Comment

1 Comment

1. mark said...

just for monty!


captcha - financial snottier

Wednesday, August 4, 2010 12:01PM Report Comment
 

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