Showing posts with label AUDIO. Show all posts
Showing posts with label AUDIO. Show all posts

Saturday, May 28, 2011

AUDIO: Business Growth Fund 'a good step'

A ?2.5bn Business Growth Fund is being launched by a group of banks today, as part of a government strategy to provide better loans for British companies.

Business editor Robert Peston analyses the immediate impact.

And Business Secretary Vince Cable goes through the wider benefits of the scheme.

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Saturday, May 21, 2011

AUDIO: Who wants £36,000 of Olympic tickets?

Millions of Britons who applied for Olympic Games tickets are to find out if they were successful in getting any.

Stephen Hunt, an insolvency practitioner by trade, bid for ?36,000 worth of tickets.

"I paused when I saw how much I was applying for... but the chances of getting one ticket out of that lot is quite small," he said.

"The odds of me getting all of them are hundreds of billions to one."

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Friday, May 20, 2011

AUDIO: BP - Rosneft 'deal of the century'

Today, BP and the Russian oil group, Rosneft, will attempt to resolve their controversial ?10bn deal to explore the Arctic Sea.

Christine Tiscareno, oil and gas analyst at S&P Equity Research, considers the possibility of a solution.

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Wednesday, May 18, 2011

AUDIO: IMF 'in limbo' following Strauss-Kahn arrest

IMF chief Dominique Strauss-Kahn has consented to a medical examination over allegations of serious sexual assault.

Mr Strauss-Kahn, who was arrested on Saturday, denies attacking and attempting to rape a hotel maid.

But how will the arrest affect the future of the European financial bail-out, a strategy Strauss-Kahn has driven forward?

The arrest "is an extraordinary disruption" which "throws the IMF into limbo", the FT's Martin Wolf warned.

As one of the only policy makers who isn't German who the Germans take seriously, he said, the IMF head was vital in securing the "scale and generosity" of the Greek, Irish and Portuguese bail-outs.

But while economist Professor Ngaire Woods accepted that the arrest "injects a lot of uncertainty" into the world economy and "what the markets hate is uncertainty", she nevertheless thought the repercussions may be positive.

For a non-European perspective, having a European in charge of an institution whose largest borrower is Europe was like "having a fox in charge of a hen house", she said.

While it is "relatively unlikely" that a non-European would take over, whoever does step in "are going to find themselves held more tightly to account by other countries... that is not a bad thing."

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