Growth in UK services sector steady but firms keep cutting jobs

Growth in the UK’s services sector held steady last month but businesses continued to cut jobs (Yui Mok/PA) -

Growth in the UK’s services sector held steady last month but businesses continued to cut jobs in the face of cost pressures and increased technology spending, according to new survey findings.

Experts cautioned that the escalation of conflict in the Middle East could dampen sentiment in the month ahead.