07/07/2011
News and views from the business world. Today, BSkyB shares dip; Crown Estate results; ECB and Bank of England rate decisions diverge.
Shares in British Sky Broadcasting continue to dip, as it emerges relatives of the soldiers killed in Iraq and Afghanistan may also have been victims of the News of the World phone hacking story. Tim Luckhurst, Professor of Journalism, University of Kent joins us.
The Crown Estate, which controls sovereign land but whose revenues go to The Treasury, releases its annual results today. In 2013, 13% of its revenue will go to the sovereign, replacing the current way The Queen is paid. We speak to Roger Bright, chief executive of the Crown Estate.
It's widely expected The Bank of England will leave rates on hold at the record low of 0.5% this lunch time. Yet there's growing speculation that the European Central Bank will increase its rate by a quarter of a percentage point. Aren't both Central Banks looking at the same inflationary pressures? We speak to Marie Diron, senior economic advisor to the Ernst & Young Eurozone Forecast. Finally we look at green taxes.
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Wake Up to Money
News and views on business and the world of personal finance