Profits and sales hit at Jessops

The UK's leading camera and photographic goods retailer, Jessops, has posted an 18% fall in underlying profits for the six months to March.

It also said like-for-like store sales fell 2.4% in the six weeks to 8 May.

The company, which was one of the first to spot the potential of digital camera sales, said it had seen a drop in custom during February and early March.

Simon took a closer look.

Other stories in today's programme

A debate on the Working Time Directive is about to start in the European Parliament, with Britain lobbying hard to keep a key opt-out clause. The directive limits the working week in the EU to an average of 48 hours. But some MEPs want an end to the current system whereby individuals can opt out if they want to do more hours. Adam spoke to Paul Sellers from the Trades Union Congress.

Thousands of workers find themselves unemployed following the events at car maker MG Rover. Rob was in Longbridge to talk to former workers about their situation.

Abbey bank will cut an extra 1,000 posts, bringing the number of planned job losses since its takeover by Spain's BSCH to 4,000.

The number of properties sold in England and Wales is down by more than a third on 12 months ago, Land Registry figures show.

And Tuesday's guest currency was... the Peruvian Nuevo Sol.