Services sector slumps to eight-month low, raising prospect of more Bank of England stimulus
Posted by seumasach on July 4, 2012
4th July, 2012
Activity in the sector, which accounts for three quarters of Britain’s economy, came to a virtual standstill according to the Markit/CIPS services PMI, reinforcing expectations that the Bank of England will announce on Thursday £50bn of fresh stimulus to boost the ailing economy.
In These New Times 
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