The Daily Business Digest

Eurozone economic activity rose at its fastest pace in November for two years, according to an influential survey. The latest Purchasing Managers’ Index (PMI) figure rose to 53.7, up from 53 in the previous month, confirming the bloc’s recent economic recovery. The growth was driven by manufacturing output, which scored 54.6, its fastest growth since September 2007. Figures released earlier this month showed that the eurozone emerged from recession between July and September.