Catch up with the latest insurance and business news in our weekly round-up…

Global economic growth has peaked, warns OECD

The leading think-tank has warned that the expansion in the global economy may have peaked after cutting its growth forecasts for an array of rich and developing countries.

UK government borrowing worse than expected in August

Government borrowing was unexpectedly large in August as total borrowing came in at £6.75bn, up £2.4bn on the same month in 2017.

JPMorgan: An economic cold war may be coming

The last several months of tariffs between the US and China may only be the beginning of a prolonged economic conflict, JPMorgan have warned.

Aston Martin sets £5.07bn IPO valuation

The luxury brand will be the first UK carmaker to float in London since the 1980s and is looking to raise £1.3bn when it floats on the London Stock Exchange next month.

Investment returns put brakes on Lloyd’s of London recovery

Insurance market Lloyd’s of London bounced back from a tough 2017 although weak investment returns saw first-half pretax profit halve from a year ago.