Peter Payack Finance

SkyNews - Retailer John Lewis reported an “inspirational” 27% rise in sales in the week after Christmas compared to the same time last year.

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SkyNews - Some 524,000 people lost their jobs in America in December, taking the number of people who were made unemployed last year to 2.6m - the highest since 1945.

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SkyNews - The North East has been dealt a major jobs blow with car giant Nissan axing 1,200 jobs at its Sunderland plant.

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SkyNews - Recession will blight the US for years to come unless billions of dollars are immediately pumped into the economy, Barack Obama has warned.

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SkyNews - The Bank of England has announced a 0.5% cut in the base rate of interest, taking the cost of borrowing to the lowest level Britain has ever seen.

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SkyNews - Borrowers are paying interest of up to 10,000% on internet-based and doorstep loans, according to a Conservative report.

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SkyNews - Business confidence in Gordon Brown’s handling of the economy has crumbled over the past few months, says a new poll.

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SkyNews - Leisurewear retail chain JD Sports continued to raise its game over the Christmas period, reporting a 2.8% jump in sales.

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SkyNews - Sainsbury’s is celebrating its best-ever Christmas sales.

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SkyNews - An investigation has been launched into the British activities of alleged multi-billion-pound fraudster Bernard Madoff.

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