Investors nervous as US central bank says it will reduce balance sheet size and as president meets Xi Jinping * Eurozone retail sales slip on weak performance in France and Italy * Too soon to change ECB stance says Draghi, euro dips * Co-op reports £132m loss * German factory orders recover 10.53am BST A day after a report that the UK lagged the rest of the G7 on productivity, the Office for National Statistics is holding a forum on the subject. My colleague Katie Allen is there: There has been an "extraordinarily slow recovery" in productivity growth says @ons head of productivity Philip Wales at ONS forum pic.twitter.com/mqhOvhSvt7 The @ONS says it is looking at links between management and ownership of workplaces and productivity performance pic.twitter.com/Gn9v3qUeAk The @ONS exploring if can use its prices collection to produce regional inflation data. study on it by Southampton Uni out in couple of mths 10.23am BST As Greece continues to attempt agreement with its creditors ahead of a eurogroup meeting on Friday, new figures show the scale of the continuing unemployment problem in the country. The jobless rate in January stood at 23.5%, while December’s rate was revised up from 23.1% to - again - 23.5%. The rate for young people between 15 and 24 stood at 48%. #Greece #Unemployment Rate at 23.5% https://t.co/zyXFTwLyhz pic.twitter.com/efPTwN9B2o Continue reading...
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