THE DAILY BRIEFING

WRONG JOB Almost half of workers in the UK are in the wrong job based on their skill level, according to research by the Chartered Institute of Personnel and Development.

A survey of 3,700 employees found a third could cope with more demanding duties, while one in eight admitted they lacked the skills to do their job effectively.

BUILDING BLUES Britain’s construction sector suffered its weakest growth for six months in September.

The Markit/CIPS UK Construction purchasing managers’ index (PMI) showed a reading of 52.1 – a reading above 50 indicates growth – in September down from 52.9 in August, with housebuilding slowing.

FLIGHTS BOOST Cabin crew and pilot strikes forced Ryanair to cancel 400 flights in September but the airline saw passenger numbers grow 6pc to 11.8m compared with the same month a year earlier. STORE DRAG Sales at the John Lewis Partnership dropped 0.6pc last week, dragged down by lower sales at Waitrose, which fell 2.2pc in the week to September 29 compared with a 1.8pc rise at John Lewis. HIGH FLYING Budget airline Wizz Air posted a 17.5pc jump in passenger numbers to 3.2m last month compared with a year earlier.

PRICES UP Shop price inflation inched up to 0.2pc in September, the second consecutive increase after five years of deflation, according to the BRC/Nielsen shop price index.

SWEET SALES Flavour and sweetener maker Treatt expects profits for the year to be in line with expectations while revenue is expected to be up by around 9pc.

GOING DUTCH Oil and gas producer RockRose Energy’s has completed its purchase of Dutch rival Dyas BV for around £94m in cash.

BREAKING UP Bob Moritz, chairman of auditor PwC, rejected calls for the ‘Big Four’ accountants – which also include KPMG, EY and Deloitte – to be broken up because it could reduce the quality of audits. BREACH FINE Tainted lender

Standard Chartered is facing a £1.2bn fine from US authorities for breaching sanctions against Iran after it served clients from the country through its Dubai branch. DATA WARS Trading data firm Refinitiv, spun out of Thompson Reuters, plans to spend to take on Bloomberg in a battle for customers.