Brexit knocks confidence in services sector

AIB Ireland's latest survey shows that new business grew at the slowest pace for four months, while business confidence dropped to the lowest level since late 2011 amid Brexit worries

Confidence among service providers slumps. Pic: Getty

New figures from the services sector point to a slower pace of growth in the Irish economy in recent months, withconcerns about Brexit knocking confidence among businesses. They come after a survey earlier this week showed that activity in the manufacturing sector fell for the third month in a row in August.

The AIB Ireland Services PMI, a measure of activity in sectors including financial services, technology and leisure, came in at 54.6 ...