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UK services sector slows says CBI
27 May 2008
Sentiment deteriorated again across the services sector in the last three months as profitability fell at a record rate for consumer-facing companies and was flat for business services firms, the latest CBI Services Sector survey reveals today
Levels of business volumes and values remained weak for the sector as a whole, and neither consumer nor business services firms are positive about business expansion over the coming year. They have also become more concerned about their ability to raise external finance and the cost of doing so.
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