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

Business | The Guardian · 1h ago · 🇺🇸 United States
China grows at one of lowest rates on record; Thames Water has funds to survive to year end – business live

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

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