Sterling soars against dollar as traders bet on Johnson election win

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Survey suggests Brexit uncertainty deterring foreign firms from buying UK services

Fears that the UK economy could record a second quarter of negative growth this year have been heightened after a major business survey showed the services sector shrank last month.

Export orders fell at the fastest rate since the survey by IHS Markit began in 2014, as businesses reported Brexit uncertainty had deterred foreign companies from buying services from UK suppliers.

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view The Guardian: Economics
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