Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

The Business Matrix: Saturday 8 February 2014

 

Saturday 08 February 2014 01:00 GMT
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

£1.46m loss for The Kooples

The French fashion brand The Kooples has found business tough in the UK and reported a 24 per cent widening of losses for 2013. Founded by three brothers in Paris, it filed a £1.46m loss for the year to September, against £1.17m for the previous period. But turnover ticked up 21 per cent to £18.5m.

Low number of new jobs created

The US economy created just 113,000 new jobs in January, well below market expectations. The weak result follows an increase of 75,000 jobs in December and adds to fears that the world’s largest economy is slowing. The overall jobless rate, however, fell to 6.6 per cent, its lowest level since October 2008.

Banks overvalued the Royal Mail

Banks pitching to work on the Royal Mail float valued the business at between £4bn and £4.8bn, far above the eventual £3.3bn flotation price, according to documents released by the Department for Business after Freedom of Information requests.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in