UK In Recession As Services Fall Further Amid Cost Of Living Crisis

The UK service sector registered a moderate contraction in November as economic uncertainty and the cost of living crisis dampened discretionary spending, which in turn hurt demand, final survey data from S&P Global showed on Monday. Elsewhere, the Confederation of British Industry cautioned that the UK will see a lost decade if no action is taken. With rocketing inflation and negative growth, Br

from RTT - Top Story https://ift.tt/5LNVzt4
via IFTTT