British Chambers of Commerce cut its UK Econmic Growth Forecast.

The business lobby group has cut its growth forecast for this year to 2.4% from 2.6%.

In addition, it has has lowered its forecast for both 2016 and 2017 to 2.5% from 2.7%.

It said the manufacturing sector, which it expects to contract this year, had been hit by "falling global prospects".

"Our persistently weak trade performance and current account balance are impacting our overall growth," the BCC's director general John Longworth said.

Slowing growth in the third quarter contributed to the downgrade, the BCC said.

Oprah snaffles Weight Watchers stake for $43m

She will also get a seat on the board as part of the deal, which will grant the company the right to use her image and name on its goods and adverts.

Ms Winfrey is buying 6.4 million shares of Weight Watchers at $6.79 apiece.

She will also receive options to buy another 5% of the firm. The firms' shares leapt 48% to $10.03 in premarket trading.