Money: BA Results - 6th Nov 09
Andy Verity and Mickey Clark present this morning's business stories, including: BA results are due out today but will that mean record losses for six months from the troubled airline? At the end of a massive week for the banks, RBS will update the City on how it's done over the past six months. We also look at where the postal industry is heading following the news that postmen will back down from plans to launch a national strike. Finally, the upper class estate agent Savills says property...
RBS and BA results, the future of the postal industry and property prices.
Money:Interest Rates - 5th Nov 09
Andy Verity and Mickey Clark present this morning's business stories, including: The Bank of England concludes its latest monetary policy meeting today. Interest rates are likely to remain on hold but there's a growing body of opinion that it will extend Quantitative Easing. We also look at a report which suggests that despite the worst economic crisis of modern times, we're still planning to spend as much this Christmas as last. Finally, Russia is trying to tempt Western investors to buy...
Interest rates are likely to remain on hold but Quantitative Easing may be extended.
Money: GM - 4th Nov 09
Andy Verity and Mickey Clark present this morning's business stories, including: GM has cancelled plans to sell its European car business Opel, including its UK brand Vauxhall. Rising temperatures, as a result of climate change, could leave thousands of people unable to afford insurance and thousands of properties uninsurable. We also look at why Britain's jobs market is healthier today than at anytime in the last two years. Finally, HM Revenue & Customs is launching a campaign today to...
GM cancels plans to sell its European car business Opel, including UK brand Vauxhall.
Money: Bank Industry - 3rd Nov 09
Andy Verity and Mickey Clark present this morning's business stories, including: Today's the day when we get the most significant ever forced reconstruction of the British banking industry. One in five bank customers has switched lender over the past two years because they were unhappy with the way they were treated. We also look at why company directors are working longer hours for the same or less pay. Finally, we look at what's in store for the future of the aviation industry.
Details of an unprecedented restructuring of the British banking industry.
Money: New Banks
Andy Verity and Mickey Clark present this morning's business stories, including: Alistair Darling has announced sweeping changes to retail banking with the creation of three new High street banks. We also look why there is still life at the end of the tunnel for smaller manufacturers. Finally, house price survey results for October are published later today.
Darling's creation of three new high street banks and the state of small manufacturing.
Money: Economy - 30th Oct 09
Fri, Oct 30
America joins France and Germany in pulling out of recession but what does that mean for the poor old UK? And Threshers is the latest high street chain to call in the administrators. We speak to the winner of the Financial Times business book of the year award which was revealed last night.
Money: US GDP - 29th Oct 09
Andy Verity and Mickey Clark present this morning's business stories, including: Later on this afternoon the world's biggest economy may be officially out of recession. Today sees the start of the latest strike by postal workers after talks between Royal Mail management and the Communication Workers Union ended yesterday without resolution. We also look at why British retirees could be missing out on hundreds of millions of pounds according to a new report. Finally, the TUC is calling for...
Money: Northern Rock - 28th Oct 09
Wed, Oct 28
Andy Verity and Mickey Clark present this morning's business stories, including: The European Commission is today expected to approve a plan to split up Northern Rock. The GMB union is lobbying Parliament to get a ruling that denies compensation for sufferers of an asbestos related condition overturned. We also look at what might be in store for the biggest bank in the Eurozone and owner of the Abbey, Santander, which publishes its results later. Finally, Britain's young entrepreneur of...
Money: Credit Cards - 27th Oct 09
Andy Verity and Mickey Clark present this morning's business stories, including: Consumer Affairs Minister Kevin Brennan is launching a consultation on credit and store cards which could herald a crack down on credit and store card providers. Later this morning BP is likely to announce a fall in profits for the third quarter of the year at 1.96bn down from nearly 5.5bn in the same period last year. We also take a look at what's in store for a big gathering of the computer games industry in...
Money: FTSE Bonuses - 26th Oct 09
Mon, Oct 26
Andy Verity and Mickey Clark present this morning's business stories, including: Bonuses for FTSE 100 directors have slumped by 29% but are still over 500,000 despite the recession according to the latest Income Data Services research. The proportion of revenue from green taxes on businesses and households should be more than doubled by 2020, and include a 3,300 levy on new cars, says an influential think tank. We also look at whether it's time for private investors to get back into stocks...
Money: Bank Lending - 23rd Oct 09
Andy Verity and Mickey Clark present this morning's business stories, including:In the week when the Financial Services Authority unveiled a big shake-up of the way mortgages are sold and regulated, we talk to the the man responsible for mortgages at the UK's biggest lender. The former boss of the UK arm of Kaupthing talks to us about Icelandic banks. We also look ahead to figures which are expected to confirm that the UK will officially be out of recession later this morning. Finally, the...
Money: Undeclared Cash - 22nd Oct 09
Thu, Oct 22
Andy Verity and Mickey Clark present this morning's business stories, including: If you've stashed undeclared cash in an offshore account to try to avoid paying tax on it, there's a warning from the taxman that you can run but you can't hide. The unions behind the postal strike launch an attack on the Business Secretary Peter Mandelson. We also look at research which warns that local councils in hard hit areas need to brace themselves for the aftershock of the recession. Finally, an...
Money: Atol - 31st March 09
Competition laws are threatening the survival of local newspapers. A new auction company causes a stir with shocking charges. We also discuss offshore financial centres and applications for Atol licences.
Money: Retail Rents - 25th Mar 09
More pain on the High Street as quarterly rents are due could this be the tipping point for some retailers? With just a week left to take advantage of this year's ISA allowance we take a look if it's still worth having one.
Money: Airline Industry - 25th Feb 09
Britain's airport operator BAA unveils its full year results today. Will there be an announcement on the sale of Stansted? We take a look at how responsible the FSA are for the banking crisis. We hear from a former chief executive who says he warned them of the dangers.
Money: Car Industry - 22nd December 2008
Andy Verity and Mickey Clark present this morning's business stories, including: The US has bailed out its three big carmakers but are we heading down the same road? In Britain the Government is coming under increased pressure to provide aid to the motor industry. And it's reported this morning that tens of millions of taxpayers pounds are about to be made available. But is bailing it out the right thing to do? We also discuss how tens of thousands of shoppers from the South of Ireland are...
Money: Unemployment - 17 December 2008
Andy Verity and Mickey Clark present this morning's business stories, including: What can people who are unemployed do to get themselves back into work as quickly as possible? In an unprecedented move last night, the US Federal Reserve slashed interest rates to virtually zero. We also look at the OPEC meeting in Algeria forecast to cut up to two million barrels. Finally, how easy is it to invest in gold, and should we be doing it?
Money: US Rates 30 October 2008
Andy Verity and Mickey Clark present this morning's business stories, including: Last night the US central bank, the Federal reserve, cut interest rates to their lowest in half a century. An annual review of the state of our roads is due out today along with detail's of Network Rail's funding for the next five years. Finally, more than half of all councils are warning that small firms in their area are struggling to pay business rates.
Money: Banks - 23 October 2008
Andy Verity and Mickey Clark present this morning's business stories, including: The bosses of Britain's big banks are today likely to be told in no uncertain terms to keep lending to small businesses at the same interest rates as they were charging last year. The government is announcing a range of new proposals to support struggling consumers, ranging from energy advice to tightening repossession regulation. Finally, we look at internet retailer Amazon, which seems to be doing better than...
Money: Markets - 16th October 2008
Andy Verity and Mickey Clark present this morning's business stories, including: The Dow Jones tumbled nearly 8%, its biggest percentage drop since the stock market crash of 1987. Is the US economy already in recession? Also today the big banks have promised to keep lending to companies and home buyers at the levels they were in 2007. But business groups are worried despite the promise; they’ll be meeting with ministers today to air their concerns. Finally, as boom turns to bust is football...