Exercise in Britain’s dominant providers sector contracted final month for the primary time because the begin of the third Covid-19 lockdown in January final yr, in accordance with a carefully watched survey.
The sector, which accounts for 80 per cent of the economic system from banks to retailers, tourism, hairdressers, eating places and property brokers, warned of shrinking demand and higher threat aversion amongst clients due to heightened political and financial uncertainty. Firms additionally confronted larger…
