Rolling coverage of the latest economic and financial news

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

With the budget over, bar the inquest, attention is again turning to the health of the UK economy.

We’ll get a healthcheck on Britain’s manufacturing sector this morning, and an assessment of the mortgage and credit market but first, there are a flurry of economic surveys to digest.

KPMG have predicted that the UK economy will cool in 2026 as weak consumer sentiment and a slowing job market weighs on growth. They predict UK GDP will rise by 1.0% in 2026, down from 1.4% in 2025, with unemployment rising next year too.