Investors focus on crunch G20 meeting between Trump and Xi – business live

Asian markets fall as fears mount that the meeting in Osaka will
fail to break the deadlock on trade between the US and China

9.38am BST

The second estimate of UK growth in the first quarter is
out and there the headline numbers are unchanged.

The economy grew by 0.5% compared with the previous quarter, and
by 1.8% year-on-year according to the Office for National
Statistics.

GDP grew solidly and was unrevised in the first quarter of 2019,
with manufacturing seeing strong growth due to orders being brought
forward ahead of the UK’s original EU departure date.

Household saving has been historically low for 18 months,
following a marked drop off in non-pension saving in recent
years.

9.32am BST

A consortium led by the family that controls the Lego toymaking
empire is to buy Merlin Entertainments for £5.9bn.

Related:
Lego consortium buys Merlin Entertainments theme parks for
£5.9bn

Source: FS – All-News2-Economy
Investors focus on crunch G20 meeting between Trump and Xi – business live