US Economy Adds 204,000 Jobs In October

US employers added 204,000 jobs in October despite a federal shutdown that lasted for 16 days, officially released figures show. The jobless rate ticked up slightly to 7.3% in October from 7.2% in September, likely because federal workers on forced...

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Hunt To Get £17m Payout From Hotcourses Sale

By Mark Kleinman, City Editor Jeremy Hunt, the Health Secretary, is in line for a windfall worth more than £15m from a company sale that would propel him to the top of the Cabinet rich list. Sky News can exclusively reveal that Hotcourses, an education...

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Mobile Spending 'Could Be Worth £23bn' By 2018

By Poppy Trowbridge, Business and Economics Correspondent This year has been dubbed 'The Mobile Christmas' and with 48% growth in mobile shopping, retailers are increasingly targeting shoppers through digital devices. British retailers will spend...

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Business Round-Up And Week Ahead

Sky's Naomi Kerbel offers a round-up of what's coming up in the week's business news. :: Monday November 11 It's the start of Export Week in the UK on Monday. The Government's UK Trade & Investment will run a series of regional events to encourage...

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Barclays Branches Open In Asda Supermarkets

Barclays is to open a string of branches in Asda supermarkets from next year, offering banking services seven days a week. Eight branches will open by early 2014 under a pilot scheme in locations including Cheshire, West Yorkshire, Hertfordshire and...

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Jaguar Land Rover Drives Full Profit For Tata

The Indian owners of Jaguar Land Rover (JLR) have seen a 71% jump in quarterly profit, due to the success of its British unit. Tata Motors reported the profit surge as the carmaker's domestic business continued to suffer in a weak economy. The company...

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Metro Bank Seeks £285m In New Cash Call

By Mark Kleinman, City Editor Metro Bank is to tap shareholders for nearly £300m in a larger-than-expected fundraising that will see the high street lender delaying a flotation until 2016. Sky News has learnt that Metro Bank told its existing investors...

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Thames Water 8% Price Hike Stopped By Ofwat

Britain's biggest water company has been stopped from imposing a price hike of 8% on its customers for 2014-15. Ofwat, the water regulator, said the Thames Water price rise of £29 was not justified, despite the company saying the extra money was needed...

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Dow Jones Closes At Another Record High

The Dow Jones industrial average has closed at another all-time record high. The Dow rose 167 points, or 1.1%, at 15,761. The US government reported an unexpected surge in hiring last month, with employers adding 204,000 jobs. "We're walking...

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BT Sport Secures Champions League Rights

BT Sport has signed a £1bn deal to broadcast Champions League and Europa League matches for three years from 2015. BT has agreed to pay around £299 million a season for the rights to all 350 matches in the two Uefa competitions each season. The Champions...

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