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12:32pm BST

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Wales' unemployment rate drops below UK figure
Unemployment in Wales has fallen below UK levels again, according to latest figures from the Office for National Statistics. The rate of unemployment in Wales between June and August was 4% while in the UK as a whole it remained 4.3%.
Unemployment down again but pay struggles to take off  
Real wages fall despite low levels of unemployment  
Market Chart
7,545.72 +29.55 (0.39%)
20,264.96 +134.01 (0.67%)
4,142.14 +17.69 (0.43%)
4,675.92 +20.44 (0.44%)

Top stories

The FCA has found that 4.1 million people are already in serious financial difficulty. Photograph: Chris Radburn/PA. Borrowing & debt.
The UK's worst traffic jams have been revealed in a new study that found tailbacks cost the economy �9 billion a year. Research by traffic analysts Inrix shows drivers encountered 1.35 million traffic jams in the UK in 2016, accounting to over 3,700 ...
Real wages across the UK declined for a sixth consecutive month in August, as the growth in pay packets continued to lag a jump in inflation triggered by a dramatic fall in the pound since the UK voted for to leave the EU.
J Sainsbury is looking to cut around 2,000 payroll and human resources jobs across the business over the next three years. Share; Comments.
Good morning and welcome to the Business Breakfast live blog for Wednesday, October 18. I'm Coreena Ford and I'm running things this morning.

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