UK to be slowest-growing G7 economy next year, warns OECD – business live

Rolling coverage of the latest economic and financial newsUS Federal Reserve holds interest rates steady as inflation ticks upNovo Nordisk, the Danish pharmaceutical company behind the Wegovy weight loss drug, has beaten profit expectations as demand booms.Novo Nordisk’s sales increased by 22% in the first quarter, while operating profit rose by 27%.“We are pleased with the sales growth in the first three months of 2024, driven by increased demand for our GLP-1-based diabetes and obe