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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: 16/08/2010

16/08/2010

BBC Radio 5 Live - Wake Up to Money, 16/08/2010

Japanese second quarter GDP figures have shown a sharp fall compared to the first quarter.

Japanese second quarter GDP figures are out, Unite & BAA begin talks to avert strike action, Aviva may undergo a strategic review, and why school uniform prices are being slashed.

Japanese second quarter GDP figures have shown a sharp fall compared to the first three months of the year. Dr Seijiro Takeshita, Director of Mizuho International plc, explains the causes of this.

Unite and BAA will begin talks at ACAS today to try and avert strikes at BAA's six UK airports. We ask Rory Murphy, former assistant general secretary of Amicus, which later became part of the Unite union, whether there is a realistic chance of a settlement being reached.

Rebel Aviva shareholders are calling for the insurance giant to undergo a strategic review, which could see a split in its life and general insurance business. We talk to Euan Stirling, Director of UK Equities at Standard Life Investments and an Aviva shareholder.

Despite a rise in inflation in recent years, high street retailers are slashing the prices of school uniforms to grab market share. We ask Neil Saunders, a retail analyst at Verdict Research why prices have fallen so greatly.

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16/08/2010

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