UK to be slowest-growing G7 economy next year, warns OECD – as it happened
by Graeme Wearden from on (#6MGPT)
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025
- Full story: UK will be worst performer in G7 next year, OECD forecasts
- US Federal Reserve holds interest rates steady as inflation ticks up
Novo 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 obesity treatments,"
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