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China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live

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China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live
Foto: 高 长华 / Pexels

Thames Water says it has £515m cash in the bank as its debts swell to £18.5bn

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

China grew 4.3% in the quarter to 30 June, one of the slowest rates on record, as sluggish domestic demand outweighed a surge in exports.

While operationally the business is improving, we are also working with our creditors, regulators and government to complete our recapitalisation.

10am BST: Eurozone industrial production for May

1.30pm BST: US producer prices for June

2.45pm BST: Bank of Canada interest rate decision

3pm BST: US Federal Reserve chair Kevin Warsh Congress testimony

UK Treasury annual report and accounts TBC

Artigo originalmente publicado em www.theguardian.com
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