03-02-2017 12:11 via news.yahoo.com

UK services activity slows as price pressures rocket - Markit

By David Milliken LONDON (Reuters) - Growth in Britain's services sector slowed for the first time in four months in January as businesses battled the sharpest rise in their costs in more than five years, a closely watched survey showed on Friday. Britain's economy outpaced its main peers last year, wrong-footing those who expected a rapid hit from June's Brexit vote. Combined with drops in manufacturing and construction PMIs this week, the survey was consistent with quarterly growth slowing to
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