Construction activity took an unexpected fall in August while the UK's trade deficit narrowed by less than forecast, adding to signs that the economy is losing momentum.
Glencore has slashed its production of zinc sending its shares soaring 12pc as it rolls out more measures to retune its business for a prolonged slump in commodities markets.
THE Government has offloaded a further 1% stake in Lloyds Banking Group to City investors, reducing its holding in the bank to less than 11%.
Yesterday's Bank of England October policy announcement resulted in the expected outcome whereby UK official rates were left unchanged following another 8-1 vote for so doing (Ian McCafferty was again the sole dissenter in favour of a hike).
Lima: As China shifts to a new growth model, the International Monetary Fund (IMF) chief Christine Lagarde has cautioned that this transformation of the world's second largest economy is expected to be bumpy and not a smooth ride.