Rolling coverage of the day’s economic and financial events, including a new health check on the UK economy * UK growth confirmed at just 0.5% * Trade makes record-breaking dent in growth 2.21pm GMT Time for a quick recap. NEW DATA HAS CONFIRMED THAT THE UK’S RECOVERY SLOWED IN THE LAST QUARTER. GDP rose by 0.5% in the July-September period; down on the 0.7% growth recorded in April-June. Related: Weakening UK trade puts the brakes on GDP growth Greek economy contracts 0.9% in third quarter. Important to remember it was growing at fastest pace in euro area a year ago Horrific scenes on the High Street as #BlackFriday consumer chaos reaches Perth pic.twitter.com/pUbFWZD1Pu Related: Black Friday: latest news and the best deals as sales get off to calm start - live 2.06pm GMT In other news...Hervé Falciani, who blew the whistle on the funds sitting in Swiss bank accounts, has just been convicted of economic espionage charges, according to reports. The former IT worker been sentenced to five years in prison, Bloomberg says. *FALCIANI FOUND GUILTY BY SWISS COURT IN HSBC DATA THEFT CASE / 5 YEARS Continue reading...
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