Category: <span>Business</span>

UK house sales to first-time buyers reach highest for 19 years
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UK house sales to first-time buyers reach highest for 19 years

The number of UK first-time homebuyers has hit its highest level since 2002, according to a new estimate. Despite the uncertainty generated by the pandemic and strong house price growth, the number of first-time buyer transactions in 2021 is estimated to be 408,300, according to Yorkshire Building Society. That would be a 35% increase on...

Aldi’s £14 champagne becomes UK bestseller after Moët & Chandon
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Aldi’s £14 champagne becomes UK bestseller after Moët & Chandon

A £14 own-label champagne from Aldi has become a hit in the UK and is second only to Moët & Chandon in sales as shoppers seek luxury but without the hefty price tag. Veuve Monsigny, available only at the discounter, has overtaken Lanson, one of France’s most storied names, according to figures from the data firm IRI....

Staff shortages: small restaurants forced to offer £1,000 sign-on bonuses
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Staff shortages: small restaurants forced to offer £1,000 sign-on bonuses

Independent restaurants are being forced to offer hefty sign-on bonuses of £1,000 or more for chefs and other kitchen staff as the shortage of skilled workers tightens in the busy festive season. Small businesses such as Angie’s and D Grande, both restaurants in Chiswick, west London, the Coniston Hotel in Skipton, and Galeta, a bakery...