Live coverage of business, economics and financial news as UK postal service set to deliver on alternate weekdays and drop Saturdays
Good morning, and welcome to our live coverage of business, economics and financial markets.
Royal Mail is set to be allowed to deliver second-class letters only on alternate weekdays and not on Saturdays after the industry regulator announced a shake-up of postal service rules.
The European Central Bank is all but certain to cut interest rates on Thursday and is likely to keep open the door to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation.
9am GMT: Germany GDP growth (fourth quarter; previous: 0.1% quarter-on-quarter; consensus: -0.1%)
10am GMT: Eurozone GDP growth (fourth quarter; prev.: 0.4% ; cons.: 0.1%)
1:15pm GMT: European Central Bank interest rate decision
1:30pm GMT: US GDP growth (fourth quarter; prev.: 3.1% annualised; cons.: 2.6%)
1:45pm GMT: ECB press conference