Unemployment across UK shows slight fall

Image copyright Getty Images Unemployment fell by 27,000 in the three months to February to 1.34 million, official Office for National Statistics (ONS) figures show. The number of people in work was also virtually unchanged at a record high of 32.7 million, with a jump of 179,000. The figure has increased by 457,000 over the […]

Continue Reading

JD Sports rewarded for focus on millennials

Image copyright Getty Images A focus on younger consumers has helped JD Sports to buck the retail gloom and report record results. The sportswear retailer said pre-tax profits rose 15.4% to £339.9m in the year to 2 February, with revenues jumping 49.2% to £4.7bn. Executive chairman Peter Cowgill told the BBC: “The business has stayed […]

Continue Reading

Jet Airways fails to secure emergency funding

Image copyright EPA Image caption Jet Airways pilots have not been paid for months The troubled Indian airline Jet Airways has failed to secure emergency funding from its lenders. The company, which last week suspended all international flights, has extended the cancellation period until Thursday. It was India’s second-largest airline by market share, until recently. […]

Continue Reading

EU approves new trade talks with US

Image copyright Getty Images Image caption France does not want farm tariffs to be included in trade talks European Union countries have approved plans for trade talks with the United States. President Donald Trump and the head of the European Commission, Jean-Claude Juncker, agreed last year that they wanted to reduce trade barriers. The decision […]

Continue Reading

Former VW boss charged over diesel emissions scandal

Image copyright EPA Image caption The 71-year-old resigned soon after the scandal erupted in September 2015 The former chief executive of the carmaker Volkswagen has been charged in Germany over his involvement in the company’s diesel emissions scandal. The public prosecutor in Braunschweig charged Martin Winterkorn and four other managers with fraud. VW said it […]

Continue Reading