UK Service sector activity falls for first time in two years

The services sector shrank for the first time in two years in December, data showed on Friday, suggesting the economy as a whole slipped back into contraction in the last three months of 2012. The Markit/CIPS services Purchasing Managers’ Index (PMI) dropped to 48.9 in December – its lowest reading…

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UK Service sector activity falls for first time in two years

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