Money: Bradford and Bingley - 04th July 08
Fri, Jul 4
Andy Verity and Ian King present this morning's business stories, including: There's been a rush to find 179 million pounds for Bradford and Bingley after the US Company meant to help rescue it Texas Pacific pulled out. Also this morning, the owners of the YouTube video sharing website have been ordered to hand over the details of every clip that every user has watched; so what will this mean for the software company and for YouTube users? Also, figures from the Society of Motor Manufacturers...
Money: Interest rates - 03rd July 08
Thu, Jul 3
Andy Verity and Ian King present this morning's business stories, including: Today the European Central Bank is expected to raise interest rates by a quarter point to 4.25% in a bid to control inflation. But will this affect the way we do business with Europe? Also, pay deals in the public sector have fallen more than 1% below those in private firms, according to the latest report by Income Data Services. Also, a new scheme is being launched today backed by chief executives of the FTSE 100 to...
Money: Construction gloom - 02 Jul 08
Wed, Jul 2
Andy Verity and Ian King present this morning's business stories, including: The roof's falling in for brick-makers, as activity in the construction sector falls at its sharpest pace in more than ten years. We look at how it’s affecting business on the ground. Britain's biggest house-builder Taylor Wimpey needs cash; more than half a billion pounds in fact. We discuss how institutional investors view buying shares at rock bottom prices. Also this morning, hauliers prepare to descend on the...
Money: Banks - 01 Jul 08
Tue, Jul 1
Andy Verity and Ian King present this morning's business stories, including: The Chancellor steps up protection for savers should another bank hit the rocks; but who will pick up the tab? The House of Commons Treasury Select Committee kicks off an inquiry into offshore financial centres following on from the collapse of Northern Rock. So what does Northern Rock have to do with tax havens? Also today is the deadline for mobile phone companies to cut texting and internet charges abroad....
Money: Financial services - 30 June 08
Mon, Jun 30
Andy Verity and Ian King present this morning's business stories, including: Banks and insurers say profitability is at record lows as the fallout from the credit crunch gets worse. Also; today the Treasury are set to announce changes to the Credit Union scheme. We discuss foreign oil companies who can bid for contracts from the government of Iraq for the first time in 36 years. Finally, the music industry has been widely reported as being in decline. Figures released today from the British...
Money: TUC - 27 June 08
Fri, Jun 27
Andy Verity and Mickey Clark present this morning's business stories, including: As oil breaks through $140 a barrel, the markets take fright. We discuss why shareholders will be playing a game of chicken over animal welfare at Tesco's Annual General Meeting today. We look at the falling sales of Stella Artois, once Britain’s most popular lager. Also on the programme: The City professionals who decide where to put the money paid into pensions and other investments are getting less open,...
Money: Renewable Energy - 26 June 08
Thu, Jun 26
Andy Verity and Mickey Clark present this morning's business stories, including: The launch of a new government strategy on renewable energy, which includes proposals that would force people to insulate their homes and fit renewable energy devices. Also, have you been a victim of age discrimination when trying to buy something? A new law before parliament today could stop companies targeting or refusing customers based on their age. We discuss why today could be a turning point for the world...
Money: Planning - 25 June 08
Wed, Jun 25
Andy Verity and Mickey Clark present this morning's business stories, including: Who should decide whether plans for airports, motorways and power stations get the go ahead? There is also an American flavour to the show today, and we talk about what is going wrong for the world's largest economy. We discuss Wall Street's woes, and why the Federal Reserve has very few options left. Finally, we look into how the aviation industry is trying to think its way beyond oil prices.
Money: Commercial rents - 24 June 08
Tue, Jun 24
Andy Verity and Mickey Clark present this morning's business stories, including: It is a big day for thousands of businesses that may have been struggling to pay the bills lately. Today is one of the so-called "quarter days" when commercial rents are due. We ask if firms are facing more problems this year. We discuss whether restrictions on genetically modified food should be lifted to help with soaring food prices. Also, we discuss why, according to recruitment firm Manpower UK, the UK is...
Money: Housing - 23 June 08
Mon, Jun 23
Andy Verity and Mickey Clark present this morning’s business stories, including: There are more declines in the housing market. New figures out this morning from the property website Rightmove indicate that the number of people trying to sell their house outnumber those trying to purchase, by 15 to 1. We discuss why sellers finding it hard to move property in the UK, might try looking at the Spanish property market. Also, the manufacturer Siemens publishes specially commissioned research this...
Money: Commodities - 20 June 2008
Fri, Jun 20
Andy Verity and Mickey Clark present this morning's business stories, including: There's an oil summit this weekend. We look at what can be done about soaring oil prices. Also, we discuss the arrest of two former Bear Stearns managers, who have become the first Wall Street executives to face criminal charges related to the US sub-prime mortgage crisis. Finally, we will be looking at how the reliability of British cars compares with those manufactured abroad.
Money: Mansion House - 19 June 08
Thu, Jun 19
Andy Verity and Mickey Clark present this morning's business stories, including: Is it the most challenging economic period and the biggest shake-up of the Bank of England for a decade? We get reaction to what the Chancellor and the Governor of the Bank of England had to say at Mansion House last night. We discuss confirmation that the government now intends to provide a formal legal responsibility for the Bank of England for financial stability alongside its existing role in monetary policy....
Money: Insurance - 18 June 08
Wed, Jun 18
Andy Verity and Mickey Clark present this morning's business stories, including: The insurance industry body ABI claims that not enough is being done to protect homes from becoming uninsurable due to flooding. Also, a Ukrainian oil and gas company becomes the latest foreign firm to hit the London stock market. We also discuss the energy watchdog which wants to make it easier for independent suppliers to generate and sell energy. Finally, the business equivalent of Facebook, LinkedIn, has more...
Money: Inflation - 17 June 08
Tue, Jun 17
Pauline McCole and Mickey Clark present this morning's business stories, including: The latest inflation rate is out this morning and it is expected to top 3%. So what will the Governor of the Bank of England say in the letter of explanation he will be writing to the Chancellor? We also discuss the prospect of wage inflation. Is it rising in some sectors more than others? Also; unions are calling for a 37.5% wage increase for apprentices. Finally, the FA is in the market for a high flyer to...
Money: CBI - 16 June 08
Mon, Jun 16
Pauline McCole and Mickey Clark present this morning's business stories, including: Can we really avoid a recession? A CBI report warns of economic times as tough next year as in 1992. Also we look at short selling. Moves are afoot to force full disclosure on traders who bet on falling shares. We ask will it work. Also; are you sitting comfortably? Unfortunately furniture retailers are not. We ask how much trouble are these sofa retailers in? Finally, what is the most profitable UK business?...
Money: Fuel Strike - 13 June 08
Fri, Jun 13
Andy Verity and Mickey Clark present this morning's business stories, including: Tank drivers who deliver to Shell garages will go on a four-day strike from 6am today over a pay dispute. How will fuel supplies be affected? The BMW factory in Oxfordshire that makes the Mini has said it has told workers not to come in today because it cannot get the car parts it needs through Spanish ports as the hauliers are on strike. We also look at the oil company, Petrofac, which is exploiting oil fields...
Money: House Builders - 12 June 08
Thu, Jun 12
Andy Verity and Mickey Clark present this morning's business stories, including: After another dismal day on the markets for house builders like Barratt Developments, Taylor Wimpey and Redrow who lost 20 per cent of their share prices, we ask why shareholders have been panicking. Also; The Business secretary, John Hutton, will host a meeting of major nuclear industry players and big investors today to try and drum up interest in Britain's plans for new nuclear power stations. What are the...
Money: European Commission - 11 June 08
Wed, Jun 11
Andy Verity and Mickey Clark present this morning's business stories, including: Britain could be in trouble with the European Commission over the size of its budget deficit. Today the Commission is set to launch disciplinary because the UK's deficit is getting too big. The European Commission is also launching legal action against the Italian government today over a 300 million euro loan to ailing airline Alitalia, which it considers illegal state aid. Also; the Financial Services Authority...
Money: Negative Equity - 10 June 08
Tue, Jun 10
Andy Verity and Mickey Clark present this morning's business stories, including: Figures from the Council of Mortgage Lenders suggest 23,000 people who took out loans worth 100% of their homes are already in negative equity as house prices drop. Who will suffer the most? Alliance Boots is expected to post a 20 per cent rise in profits during its first year as a privately-owned company. So are private equity firms being more open? Also; more people are applying for second jobs to boost their...
Money: Inflation - 9 June 08
Mon, Jun 9
Andy Verity and Mickey Clark present this morning's business stories, including: Inflation has been taking off around the world. We look at how bad it has got, the damage it does, and how long it will last. Also, Manchester could be the next city in the UK to introduce a congestion charge for drivers. We look at the likelihood of the plans being approved and the effects on business. Finally, as the iPhone celebrates its first birthday we discuss if the rest of the smartphone industry is...
Money: RBS - 6 June 08
Fri, Jun 6
Andy Verity and Mickey Clark present this morning's business stories, including: Shareholders in the Royal Bank of Scotland will decide today how to respond to their company's request for 12 billion pounds. Are investors guaranteed to make money on this deal? Also; are speculators on the oil markets holding motorists to ransom? We also discuss with our BBC technology correspondent his broadband experiences whilst touring the UK this week. Finally we analyse how much money British businesses...
Money: PPI - 5 June 08
Thu, Jun 5
Andy Verity and Mickey Clark present this morning's business stories, including: Today the Competition Commission will deliver its initial verdict on the controversial business of payment protection insurance. We discuss what to expect from the report. Also; Terminal 5 comes under the scrutiny of its sternest critics this morning as it welcomes passengers from New York on the first red-eye flight into BA's new home. The FTSE 100 is down by only 10 percent compared to 12 months ago due to a...
Money: Windfarms - 4 June 08
Wed, Jun 4
Andy Verity and Mickey Clark present this morning's business stories, including: This morning the Government is set to announce plans to treble Britain's wind power with a massive increase in offshore turbines. But how long will it take to get them operational and at what cost? Also; the new chief executive of Kingfisher, the owner of B&Q, wants a new reward structure. Over four years he could collect 16 million pounds. But how exactly do these schemes work? Finally, today RepRap, short for...
Money: Ryanair - 3 June 08
Tue, Jun 3
Andy Verity and Mickey Clark present this morning's business stories, including: Ryanair is expected to report a rise in profits today, but is this the future for the world's major airlines? Also; as consumers face rising bills, this week Britain's water companies are expected to report more than a billion pounds in profits. Today the pressure group, The Burma Campaign is naming and shaming international businesses that operate in Burma. But why should companies not do business with Burma?...
Money: Migration - 2 June 08
Mon, Jun 2
Andy Verity and Mickey Clark present this morning's business stories, including: Today the Work Foundation releases a report which says the future success of Britain's knowledge economy depends on more skilled foreign workers being allowed in to the country. But does Britain need more skilled migrants? Also; private equity buys in to Bradford & Bingley as its chief executive quits. Finally, today is "tax freedom day". But are we paying a greater proportion of what we earn in tax?
Money: Fuel poverty - 30 May 08
Fri, May 30
Andy Verity and Mickey Clark present this morning's business stories, including: Ofgem publishes a report today setting out what the government and energy industries can do to combat fuel poverty. Also; we ask why leaked figures from Northern Rock show the bank plans to double the number of staff in its debt management department. We look at why a report out today claims food prices are rising at twice the rate of official inflation. Finally, there has been an explosion in the number of shops...
Money: Shopping - 29 May 08
Thu, May 29
Andy Verity and Mickey Clark present this morning's business stories, including: The biggest shopping centre in Europe opens today in Liverpool. With the economy faltering, we ask what its chances of success are. We look at why according to new research; Milton Keynes is the most expensive place to set up a business outside London. Also; Barclays claims to be the first of the big banks to have started cutting overdraft penalty fees. But will it be at the expense of customers who stick to...
Money: Financial services - 28 May 08
Wed, May 28
Andy Verity and Mickey Clark present this morning's business stories, including: Complaints about the financial services industry hit record highs over the last year according to the industry's ombudsman. Should companies be named and shamed for poor service? We also discuss British Energy, the country's biggest nuclear generator, which is expected to unveil solid profits today. But with the government keen to sell off its 35% stake in the company we look at the interest from European energy...
Money: Payments - 27 May 08
Tue, May 27
Andy Verity and Mickey Clark present this morning's business stories, including: A new faster payments service launches today, but is it all it's cracked up to be? Also; the employers group, CBI, says profitability in the service sector has been squeezed to its thinnest for at least a decade. What are causing the problems? We also hear an insiders take on what went wrong at Northern Rock. Finally, we look at how the cost of a season ticket at a Premier League football club has gone up.
Money: Rogue Traders - 26 May 08
Mon, May 26
Andy Verity and Mickey Clark present this morning's business stories, including: New rules designed to combat scammers and rogue traders come into force today. We also look at the latest house price figures from Hometrack and ask who's benefiting from the credit crunch? Finally, Unite is planning to merge with the United Steelworkers' union. Is this the first Superunion?