Here are the business stories making the headlines this morning.
UK economy had zero growth between July and September
The UK economy was weaker than initially estimated between July and September, revised official figures show.
The economy had zero growth in the three months, revised down from an earlier estimate of 0.1%.
Chancellor Rachel Reeves said the challenge to fix the economy “after 15 years of neglect is huge” and October’s Budget would “deliver sustainable long-term growth, putting more money in people’s pockets”.
But one of the UK’s leading business groups, the CBI said its latest company survey suggested “the economy is headed for the worst of all worlds”.
Heathrow cancels flights as wind hits festive travel
Strong winds are continuing to cause some travel disruption in parts of the UK as millions of people travel ahead of Christmas.
Heathrow said around 100 flights had been cancelled on Sunday and passengers are advised to check with their airline before travelling.
The weather has also led to the “widescale cancellation” of ferry services across the Irish Sea and along the Scottish coast, road closures to high-sided vehicles and rail disruption.
A yellow warning for ice in north-east Scotland is in force until 10:00 GMT on Monday morning.
Trump threatens to try to regain control of Panama Canal
President-elect Donald Trump has demanded Panama reduce fees on the Panama Canal or return it to US control, accusing the central American country of charging “exorbitant prices” to American shipping and naval vessels.
“The fees being charged by Panama are ridiculous, highly unfair,” he told a crowd of supporters in Arizona on Sunday.
“This complete rip-off of our country will immediately stop,” he said, referring to when he takes office next month.
His remarks prompted a quick rebuke from Panama’s president, who said “every square metre” of the canal and surrounding area belong to his country.