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Autumn Statement: Growth forecast cut for next year

The Office for Budget Responsibility cuts its forecast for growth next year from 2.2% to 1.4%.

Ryanair raises its long-term traffic forecast by 10% to 200 million passengers a year by March 2024.

Swiss food giant Nestle cuts its annual growth forecast to 3.5%, from 4.2% forecast in August, as it says food prices are falling.

The British Chambers of Commerce (BCC) slashes its growth forecast for the UK in the light of the Brexit vote.

Japan's government cuts its growth forecast sharply amid speculation it may soon unveil a new stimulus package to support the ailing economy.

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