Government advisor and former chief executive of B&Q says George Osborne’s plan for living wage should be re-assessed in two years – once we understand its impact on business BBC News – Business
Sainsbury’s shares jump after the supermarket group says profits will be better than expected, despite another fall in like-for-like sales. BBC News – Business
Audi and Skoda say they have a total of 3.3 million cars fitted with the software that allowed parent company Volkswagen to cheat US emission tests. BBC News – Business
Volkswagen had warnings about illegally cheating in emission tests years ago, German media cite an internal inquiry as saying. BBC News – Business
Pensions Minister Baroness Altmann has told the BBC she considered helping women who have had their state pension deferred twice but could not find a way to do so. BBC News – Business
The head of French company EDF, which owns the Hinkley Point nuclear power station, defends its plan to build a new plant at the Somerset site. BBC News – Business
Craig Taylor