Service sector sales slump
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The prospects of economic received a setback after a survey by the Confederation of British Industry (CBI) revealed an unexpected fall in sales within the services sector.
The survey found almost half (48%) said that in the past three months sales and profits had fallen. Only 21% said profits had risen.
Ian McCafferty, the CBI’s chief economic adviser, describes the falls in sales and profits “worrying”.
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Readers' comments (1)
Gareth Oakley Manager | Wed, 2 Dec 2009 1:59 pm
Although many of our clients are finding trade tough, we are seeing workflow increase through both upskilling existing talent, and planning ahead for growth 2010. The short-term challenge is confidence in leaving current employers, although we have started to see this shift in a positive way since October.
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