Live coverage as head of City regulator chosen to lead at Threadneedle Street
- Full story: Andrew Bailey appointed head of Bank of England
- Mark Carney’s term in office extended – but only for six weeks
- Third-quarter UK GDP growth revised up to 0.4%; business investment flat
- UK consumer confidence increases with better long-term prospects expected
Data flash: The US economy grew by 2.1% in the third quarter, compared to a year earlier, the US Commerce Department has confirmed.
That’s according to the final estimate GDP growth, which confirms previous estimates and is in line with economist expectations.
And for those of you trying to spend your cash during the Christmas rush, HSBC customers are reporting problems with their mobile and online banking.
The BBC is reporting that it’s the second glitch to hit the bank’s digital service in 24 hours, with the first hitting customers after 8pm Thursday but was fixed three hours later.
Have no fear! You still have internet, the elves had just got out in our server rooms and run amok, however we’ve put them all back in their pen now, and everything is sorted! If you have any more problems, get in touch, but most importantly, have a great Christmas! ^Chris
We’re aware some customers are having problems using Online & Mobile Banking. We’re really sorry and are working hard to fix this. Please check back here for the latest updates.