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Money: Rail Fares - 02nd January 2009 Rebecca Pike and Mickey Clark present this morning's business stories, including:
Rail fares rise and by a lot more than inflation. You can expect the price of your ticket to have gone up by an average of between 6 and 7 per cent. That's according to the rail watchdog Passenger Focus, who say these price rises can't be justified with inflation.
Recession will arrive officially this year but how deep and long can we expect it to be?
Also on the programme; we should learn in the next fort ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Pre-packs - 31st December 2008Andy Verity and Mickey Clark present this morning's business stories, including:It seems that for struggling companies pre-packs are all the rage. A pre-pack is a process where a buyer is lined up before a business goes into administration. But as more companies go under, are some companies doing it just to shake off their creditors and get out debt free?It's been a big year for private equity. At the start of 2008 it looked like nothing could hamper the runaway success of these serial deal ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Sterling - 30th December 2008Andy Verity and Mickey Clark present this morning's business stories, including:Pound sterling tumbles again we discuss what this will mean for holiday travel. And could the banks be facing another funding crisis this time from commercial property?Britain's banks face up to 70 billions pounds of write downs on commercial property loans enough to force some of them into a further round of taxpayer bailouts. That's according to the investment bank Close Brothers. Yesterday saw another retaile ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: CIPD - 29th December 2008Andy Verity and Mickey Clark present this morning's business stories, including:The CIPD and the British Chamber of Commerce have now written to the Low Pay Commission calling for the minimum wage to be frozen in 2009 we discuss how 2009 shaping up for jobs.And will London lose its status as a top financial centre because of the banking crisis? According to a recent survey of businesses done by the CBI and KPMG only one in ten businesses think London's status as a world city will grow over ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Retailers - 24th December 2008Andy Verity and Mickey Clark present this morning's business stories, including:
Retailers are slashing their prices even on a day when they're normally besieged with customers. So how many more household names are in trouble, and will the big discounts on offer for the past few weeks prove enough to have saved Christmas for the shops?
Also; jobs have been slashed as papers struggle to cope with declining sales but what can editors and proprietors do to make sure 2009 is better? We take ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Insurance Fraud - 23rd December 2008Andy Verity and Mickey Clark present this morning's business stories, including:
More and more people are running the risk of invalidating their insurance cover by lying when they take out a policy. We find out what sort of lies people are telling. We speak to the chief executive of Standard Life about the tumbling stock markets and the looming recession.
Also today; the big gas exporting countries are meeting in Moscow to sign an agreement to start what some say will be a gas equivalent ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Car Industry - 22nd December 2008Andy 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 a ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Climate Change - 19 December 2008Andy Verity and Mickey Clark present this morning's business stories, including:
Today the Prime Minister will be attending a Global Energy Conference chaired by Climate Change Secretary Ed Miliband.
The Bank of Japan is likely to announce it is cutting interest rates to zero. What's the effect in Japan and what can we learn?
Average pay has risen above inflation for the first time in 2.5 years. Will it last?
Finally, we ask if the Scottish ski industry will boom thanks to the heavy s ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Shares - 18 December 2008Andy Verity and Mickey Clark present this morning's business stories, including:
A report this morning by AIC shows a wide spread of opinions about where shares are going and what is doing well.
We look ahead to retail sales figures out this morning as well as Woolworths collapse. Just how bad can it get for them?
We also ask look at government plans published today for a mutual bank for councils.
Finally, official tourism figures for the UK are out today, and they're expected to be b ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Car Bailout - 8th December 2008Andy Verity and Mickey Clark present this morning's business stories, including:
It looks like US car manufacturers will get at least some of the billions of dollars they are after to keep the industry afloat but not without paying a heavy price in return. Meanwhile, business in the UK continues to deteriorate as car parts manufacturer Wagon Automotive heads for administration. Also; small businesses confront the banks for the second time today at a government run forum but are the banks ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: US Rates 30 October 2008Andy 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.Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Banks - 23 October 2008Andy 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 t ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
Money: Markets - 16th October 2008Andy 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 foot ... Listen | Listen in your iPhone | Download | View full cache | Visit Website
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