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UK 'at risk of slipping into recession'

recession-2530812_960_720.png?profile=RESIZE_710xThe UK is at risk of slipping into recession, according to a closely watched survey of industry managers.

The dominant services sector grew only slightly in August, the purchasing managers' index (PMI) from IHS Markit/CIPS suggests.

"The lack of any meaningful growth... raises the likelihood that the UK economy is slipping into recession," said IHS economist Chris Williamson.

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BBC News

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