Business news

First-time buyers in lengthy deposit wait

A young, single person in England faces a 14-year wait to save for a deposit to buy their first home, according to an independent report commissioned by housing charity Shelter.

Retailers welcome food labelling scheme

The Government's announcement of a new, consistent front-of-pack food labelling system has been welcomed by the UK's major food retailers.

A third of workers take on second jobs to boost income

Three million Britons (six per cent) have taken on a second job to boost their primary monthly income, with one in three (36 per cent) supplementing their income in some way with an additional £2,536 a year, research from Direct Line has found.

NI finance minister puts tax in spotlight

Northern Ireland finance minister Sammy Wilson has accused the Republic of Ireland of 'stealing' tax revenue from the UK, in a comment that will add further pressure on the G8 summit to promote greater tax transparency.

Retail footfall falls 0.7 per cent

The latest figures from the British Retail Consortium show that total footfall in May was down by 0.7 per cent compared like-for-like with May 2012.

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