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Wake Up to Money

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News and views on business and the world of personal finance

News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe

Wake Up to Money: 11/06/2010

11/06/2010

BBC Radio 5 Live - Wake Up to Money, 11/06/2010

BP's shares continue to fall and President Obama is accused of anti-British comments.

BP's shares fall and President Obama is accused of anti-British feeling, first time buyers may find it easier to get a mortgage, and we see how family firms fared in the downturn.

BP's shares have fallen 44% since the oil rig explosion in the Gulf of Mexico, and President Obama was yesterday accused of anti-British sentiment. We talk to John Haynes, Head of Research at Rensburg Sheppards Investment Management who are BP shareholders, and Carl Weinberg, Chief Economist at High Frequency Economics in New York.

First time buyers will find it easier to get a mortgage from today. The Woolwich is offering loans worth up to 90% of the new home's value, as long as the housebuilder is Bovis. We ask Melanie Bien, director of the mortgage broker Private Finance, if this move will help to kick-start the market.

Family firms account for three quarters of all businesses in the UK. We take a closer look at how they fared during the recession, by speaking to Richard Fuller, executive director of brewers Fullers, Smith & Turner Plc, winners of the Family Business Honours Award, and Kate Murphy, Head of Family Banking at JP Morgan, who is host of the ceremony.

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Wake Up to Money

11/06/2010

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