US jobs report smashes forecasts; shares in Falklands oil explorers plunge as Argentina threatens sanctions – business live

Rolling coverage of the latest economic and financial news, as US economy adds 162,000 new jobs in AugustUS added 162,000 jobs in August, with unemployment rate holding steadyIt’s official, UK car sales jumped last month.New car registrations rose by 13.7% to 94,236 units in August, the Society of Motor Manufacturers and Traders has reported.Plug-in hybrid electric vehicles (PHEVs) posted the strongest growth, up 39.8% to account for 14.5% of registrations, while hybrid electric vehicles (HEVs) rose 26.3% with 12.7% of the market. Battery electric vehicles (BEVs) increased 27.7% to claim 29.8% of overall uptake.