28/02/2011
News and views from the business world with Mickey Clark and Jeremy Naylor. 'Crippling' living standards squeeze could last years; Government urged to go for growth.
A claim by the think tank, Resolution Foundation, says millions of low-to-middle-income earners are suffering a crippling long-term squeeze on their living standards, with real wages in 2015 set to be no higher than they were in 2003. We find out more from Clive Cowdery, the founder of the Resolution Foundation.
HSBC is expected to announce its pre-tax profits of around $20 billion, when it unveils its 2010 results. We're joined by Ralph Silva, a banking analyst at SRN.
The manufacturing organisation EEF becomes the latest body that is calling on the Government to implement an aggressive growth strategy in its next budget. Steve Radley, a director of policy at EEF explains.
Retailers may be forced to suffer a long-term hit to their profits because of the discounts they have offered since the start of the recession - that's according to a new report by KPMG. Martin Scot is partner at the firm's Performance and Technology division.
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- Mon 28 Feb 2011 05:30大象传媒 Radio 5 Live
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Wake Up to Money
News and views on business and the world of personal finance