UK’s key services sector near worst level since 2009, PMI shows
The all-sector PMI remained below 50 for a third month in a row for the first time since 2009
London — Britain’s economy got off to a weak start to the final quarter of 2019, according to surveys which showed the giant services sector stagnated in October, with concerns about Brexit depressing new orders, while consumers stayed cautious.
Britain had been due to leave the European Union on October 31 which prompted limited stockpiling by businesses and households. But Brexit has now been delayed until January 31, with an election on December 12 raising further uncertainty...