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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: 14/12/2010

14/12/2010

BBC Radio 5 Live - Wake Up to Money, 14/12/2010

High Court ruling puts pension schemes to the front of the line in the event of bankruptcy

A High Court ruling pushes pension schemes to the front of the line in the event of bankruptcy. The Church of England encourages members to turn their naves and vestries into shops.

News and views from the business world with Andy Verity and Jeremy Naylor. 

A surprise High Court ruling appears to push pension schemes to the front of the line when it comes to claims on the assets of failed companies. We speak to Jennifer Marshall, a partner in the Restructuring Group at the law firm Allen and Overy. 

The Bank of England has just concluded that the dominant reason for the drying up of new loans is a lack of supply of credit by the banks, not a lack of demand. Today, HSBC is launching a new Business Panel to create a dialogue between banks and businesses to encourage them to grow. We ask Noel Quinn, head of UK commercial banking at HSBC, how the panel works and what banks are doing to help businesses. 

The Church of England encourages its members to turn their naves and vestries into shops. National Rural Officer for the Church of England, Dr. Jill Hopkinson, explains the thinking behind this development.

Finally, transport minister Philip Hamond will reveal the first nine ultra-low carbon cars to be eligible for a £5000 government grant. Matt Saunders, Features Editor of Autocar magazine, defines what a low carbon car is and what is on offer for motorists.

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Wake Up to Money

14/12/2010

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