By Jonathan Davies

The growth of the global economy is being held back by slow recovery in the eurozone, according to the Organisation for Economic Co-operation and Development (OECD).

The OECD cut back some of its growth forecasts. Economic uncertainty surrounding the Scottish independence debate forced it to cut the UK's forecast by 0.1% to 3.1% for 2014. It expects growth of 0.8% for the eurozone this year, down from 1.2%.

Forecasts for the US were cut from 2.6% to 2.1% and Japan saw its forecast reduced from 1.2% to 0.9%.

In May, the OECD said the global economy would grow by 3.4%, but didn't provide an updated forecast.

"Continued slow growth in the euro area is the most worrying feature of the projections," the OECD said.

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