Monday, July 2, 2007

UK financial services boom seen slowing in Q3 - CBI

(Reuters) - Business volumes in Britain's financial services sector grew at their fastest rate in seven years in the second quarter and employment rose, but that boom is expected to slow in the coming three months, a report showed.

A survey by the Confederation of British Industry (CBI) and accountants PricewaterhouseCoopers released on Monday showed 55 percent of respondents said volumes had grown in the three months to June, with only 4 percent saying they had dropped.


Read more at Reuters Africa

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