US Jobless Rate Now At Lowest Since July 2008

The unemployment rate in the United States has dropped to 5.9%, the lowest level since July 2008. The jobless rate dropped by 0.2% from the August figure. Official data showed that the US economy created 248,000 non-farm jobs in September. The Labor...

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John Lewis Boss Sorry For 'Hopeless' France Jibe

The boss of the John Lewis Partnership has apologised to France, after saying the country was "finished". Managing director Andy Street held up an olive branch after a series of negative comments about the country were published on the front page...

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Wonga Writes Off 330,000 Customers' Debts

Payday lender Wonga has said it will write off the debts of 330,000 customers whose loans would not have been approved under new affordability guidelines. Sky sources said the cost of writing off the debt to the company would be £35m. There is £220m...

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Morrisons To Price Match Aldi And Lidl

Morrisons has announced a new price match system, which is set to exacerbate Britain's brutal supermarket war. The fourth biggest grocery chain said that in addition to price matching Tesco, Asda and Sainsbury's, it would now do the same with discounters...

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DVLA Swamped By Drivers As Tax Discs Ditched

The vehicle licensing agency has been swamped by motorists enquiries, as the traditional road disc is ditched for an electronic system. The Swansea-based Driver and Vehicle Licensing Agency (DVLA) said it was struggling to cope with what it said was...

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Virgin Money Picks Banks For £2bn Market Debut

By Mark Kleinman, City Editor Sir Richard Branson's banking arm will unveil plans for a stock market listing on Thursday that will value the acquirer of Northern Rock at up to £2bn. Sky News has learnt that Virgin Money is finalising the appointments...

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The Lure Of Ireland For Global Tech Firms

By Pete Norman, Sky News Business Although Apple has come under the EU microscope over its tax affairs, complex corporate structures have become a common accounting tool for savvy tech firms. The European Commission's preliminary findings show it...

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EU Probe Slams Ireland Over Apple Tax Deals

A preliminary finding by the European Commission has found that Ireland provided potentially illegal state aid to tech giant Apple for more than 20 years. It said it has doubts that two "sweetheart" tax deals agreed in 1991 and 2007 between Apple...

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Insider Trading Charges For Ex-Morrisons Exec

The City watchdog has charged a former senior executive at supermarket group Morrisons over alleged insider dealing. The Financial Conduct Authority (FCA) said Paul Gerard Coyle was charged with over two offences, contrary to Section 52(1) of the Criminal...

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Tesco Taps Banks For £2.5bn Crisis Warchest

Tesco Profit Error: Could Something Be Amiss? Updated: 9:35am UK, Tuesday 23 September 2014 By Ian King, Business Presenter Even from a lesser company, three profits warnings inside a year would be startling. Coming from a blue-chip stalwart...

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Vauxhall Recall: Warning Over Corsa Steering

Recalls By Carmakers On The Rise Updated: 11:25am UK, Saturday 27 September 2014 The recall by Vauxhall of around 3,000 vehicles because of a steering problem is just the latest in a series of headaches for motor manufacturers. Last year, manufacturers...

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Budget Chain Aldi Sees Profits Boom In Britain

Aldi And Lidl 'Victors In Supermarket War' Updated: 2:18pm UK, Tuesday 29 July 2014 Discounters Aldi and Lidl have seen their market share surge as Britain's four biggest outlets suffer in the ongoing bitter supermarket war. Research firm Kantar Worldpanel...

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Vast Food: Restaurants Urged To Cut Portions

By Poppy Trowbridge, Consumer Affairs Correspondent Restaurants should cut portion sizes or charge more for large servings to help reduce food waste and fight obesity, experts have said. The Chartered Institute of Environmental Health said the...

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Vauxhall Recall: Warning Over Corsa Steering

Recalls By Carmakers On The Rise Updated: 11:25am UK, Saturday 27 September 2014 The recall by Vauxhall of around 3,000 vehicles because of a steering problem is just the latest in a series of headaches for motor manufacturers. Last year, manufacturers...

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