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

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

2.45pm BST: Bank of Canada interest rate decision

3pm BST: US Federal Reserve chair Kevin Warsh Congress testimony

UK Treasury annual report and accounts TBC