Growth fears and trade tensions weigh on markets after IMF warning – business live

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Rolling coverage of the latest economic and financial news, as IMF urges politicians to help prevent the global economy weakening

The pound is stubbornly refusing to welcome Britain’s latest Brexit extension. Sterling is unchanged at $1.309 against the US dollar, and down slightly against the euro at €1.159, after the EU kicked the can down the road until the end of October.

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