U.K. Services Growth Can’t Prevent Economic Stagnation in July
An emergency stop button sits on a production line at a factory in Sodertalje, Sweden. (Photographer: Mikael Sjoberg/Bloomberg)

U.K. Services Growth Can’t Prevent Economic Stagnation in July

(Bloomberg) -- The U.K.’s dominant services industry unexpectedly grew at the fastest pace in nine months in July, but the expansion may not be enough to rescue the economy from stagnation.
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