• UK services sector drops

Total services output in the UK fell by 0.5% in the fourth-quarter, according to figures from the Office for National Statistics.

Distribution, hotels and restaurants decreased by 0.5%, compared with an increase of 0.8% in the previous quarter. Hotels and restaurants contributed most to the decline in this quarter.

See the full release here:
http://www.statistics.gov.uk/cci/nugget.asp?id=192

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