A new mobile phone shop opened today in Oxford bringing five jobs, writes David Duffy.

Phones 4u has invested 200,000 in the shop in Cornmarket which is the 87th opened by the 1bn Caudwell Group. It plans to open a further 120 in the next 12 months.

Chairman and chief executive John Caudwell said: "Phones 4u is focusing on delivering the best possible value for our customers. We have worked tremendously hard with the networks and manufacturers to ensure the best balance of quality and price."