UK economy falls behind strong eurozone recovery

Britain’s economy is ending 2017 lagging the eurozone’s strong recovery as the effects of last year’s Brexit vote weigh on shoppers and on businesses.

Britain’s economy is ending 2017 lagging the eurozone’s strong recovery as the effects of last year’s Brexit vote weigh on shoppers and on businesses, writes William Schomberg.

The dominant services sector lost some momentum in November while prices charged by companies rose at their fastest pace in nearly 10 years, potentially adding to the country’s inflation problem, a closely watched survey showed.