A well known economist has cautioned that the danger of facing double dip recession is looming around since a key survey has depicted a steep level slump in the growth and development of the dominant services of sector in the United Kingdom for the month of August.

The findings of the poll, which was carried out by the Chartered Institute of Purchasing and Supply are in particular getting worried about the deteriorating spending condition shown by the populace in the United Kingdom.

CIPS's surveys previously this week demonstrated a noteworthy level of decline in growth rates in the nation's manufacturing and construction services.

Chief European Economist at Consultancy Capital Economics, Jonathan Loynes, gauged the week's services, construction and manufacturing polls from CIPS, which signaled that the total growth in the United Kingdom had marked a total halt.

A double-dip recession means that a so-called recovery was seen that just sustained for a short duration and then another recessionary phase is to be faced.

The economic recovery in the UK started in the concluding three months of the previous year.

Mr. Loynes said that the main trouble remains that reports depicted that all the major fractions of economy were moving sluggishly in negative trend.