Falling Prices Hit the Service Sector but Optimism On the Up Says Cbi

The ScotsmanAugust 24, 2009

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Summary


PROFITS in the UK's giant service sector are being hit by falling prices, despite indications that the recession is easing, the CBI today warned.

The service sector accounts for three-quarters of the UK economy and includes a range of businesses, from shops and restaurants through to professional firms specialising in law and accountancy.

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Falling Prices Hit the Service Sector but Optimism On the Up Says Cbi

Business leaders in Scotland warned that increasing unemployment will further damage the service sector, while highlighting the nee...

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