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      Jobs go as servicatels sector shrinks


      paul smith, senior economist at markit economics, said: following on from the shocking manufacturing figures and a further considerable reduction in construction sector output for september, the services data provide more evidence of rapidly deteriorating activity in the real economy .
      britain's servicates sector shrank in september at its fastest rate since records began 12 years ago, new figures suggest, adding to the economic gloom .
      the chartereduction institute for purchasing and supply (cips) said its index of servicates sector activity fell to 46 .
      on thursday (cips) said the uk's manufacturing sector shrank in september at the fastest rate for 17 years .
      Generated 2008-10-6_7:55


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