Eurozone faces double-dip downturn as business activity contracts - business live

Rolling coverage of the latest economic and financial newsLatest: Eurozone companies are shrinking againService sector hit by Covid-19 restrictionsEarlier:UK consumer confidence weakensRecord rebound in retail sales since lockdown easedCoronavirus – latest updatesSee all our coronavirus coverage 9.24am BST The downturn at Eurozone companies this month risks dragging the region back into recession, data firm IHS Markit fears.Chris Williamson, their chief business economist, says the restric