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Tuesday, December 23, 2014

Markets await UK and US growth figures and Greek presidential vote – business live

All the latest economic and financial news, including updated GDP data from Britain and America, and the Greek political crisis 7.59am GMT Good morning, and welcome to our rolling coverage of the financial markets, the world economy, business and the eurozone.The final Q3 GDP numbers from the UK is expected to be confirmed at growth of 0.7% and 3% annualised. The business investment numbers are a concern after the recent adjustment to -0.7%, suggesting that businesses cut back due to uncertainty over the Scottish referendum, with the hope that we will probably have seen a rebound in Q4.We also have US Q3 GDP which is expected to be revised up to an annualised 4.3%, while durable goods ex-transports for November are expected to rebound from the poor October number of -1.1% to a gain of 1%. Continue reading...


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