Rolling news coverage of markets, economics and business as purchasing managers indices show economy in decline
- British economy: Services and composite PMIs lowest since Brexit vote
- Tesla unveils futuristic pickup truck – but windows smash
- European Central Bank head calls for ‘new European policy mix’
Spare a thought today for customers of TSB: the bank is facing a fresh IT glitch after customers failed to receive wages, benefits, pensions and other payments into their accounts.
Philip Hammond – remember him? – was back on the airwaves this morning, bashing the Labour party under Jeremy Corbyn, and also the harder Brexit supporters in his old party.