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DAILY TELEGRAPH Argentina to complain to UN over 'militarisation' of Falklands - Wed, 08 Feb 2012 00:01:14 GMT
Argentina to complain to UN over 'militarisation' of Falklands - Wed, 08 Feb 2012 01:39:03 GMT
FINANCIAL TIMES RBS shake-up has cost £38bn so far - Tue, 07 Feb 2012 20:03:56 GMT
RBS shake-up has cost £38bn so far - Tue, 07 Feb 2012 20:47:10 GMT
BBC NEWS BBC News - Business - Tue, 07 Feb 2012 23:56:08 GMT
BBC News - Business - Wed, 08 Feb 2012 04:22:12 GMT
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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Service sector jobs go
Figures released by The Chartered Institute for Purchasing & Supply (CIPS) rated the service sector index at 46 for September, down from 49.2 in August.
A figure of below 50 means that the service sector, which makes up three quarters of the the UK economy, is contracting. This follows the announcement yesterday that showed that manufacturing was also in decline.
Perhaps unsurprisingly CIPS pointed to the hotel and restuarant industries as being among the worst effected. This would be borne out by a large surge in profits at Domino's Pizza announced this week, where consumers are opting to have takeaways rather than venture out to restaurants in a bid to economise. So there are winners and losers in the economy.
Sevice sector jobs have been on the decline for about the last half year now.
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