Global economic growth gathers pace

Economic growth is gathering steam across the world as political risks fade, the threat of protectionism from the US recedes and the eurozone at last recovers. The G20 economies, which account for 78pc of world GDP, should grow by more than 3pc in 2017 and in 2018, credit ratings agency Moody’s predicts, up from 2.6pc in 2016.

Business, page 5