UK services sector ‘close to stalling’ after budget tax rises, data shows
S&P survey shows sector narrowly avoided contraction in November as firms worried about employment costs
Growth in the UK’s dominant services sector slowed to its lowest rate in more than a year in November as firms digested business tax rises in the autumn budget.
The closely watched S&P Global UK services PMI survey scored 50.8 in November, slowing from 52.0 in October. Continue reading...
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