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Wake Up to Money

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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: 28/01/2011

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28/01/2011

BBC Radio 5 Live - Wake Up to Money, 28/01/2011

Union bosses meet to discuss possible co-ordinated campaign of industrial action.

Union bosses meet to discuss a possible co-ordinated campaign of industrial action and Amazon says its sales of e-books have overtaken paperbacks for the first time in the US.

Union bosses are meeting at TUC headquarters in London to discuss possible co-ordinated action against the Government's austerity measures. We speak to Gregor Gall, professor of industrial relations at the University of Hertfordshire about what exactly it means to have co-ordinated action rather than a general strike.

It has been an important week for the economy. We had the much worse than expected growth figures that told us our economy shrank by 0.5% in the last three months of last year. This led to the Chancellor blaming the weather, and the Governor of the Bank of England invoking the spirit of one of Ken Dodd's songs! The programme hears from Michael Taylor, senior economist at Lombard Street Research.

Meanwhile, Amazon, the world's largest online retailer, says its sales of electronic books have overtaken paperbacks for the first time in the US. Christopher North, the new UK Managing Director of Amazon, joins us to explain why these electronic books have suddenly taken off.

And the small but well-liked rail service between London and north Wales - The Wrexham and Shropshire Railway, runs its last ever service today. Chairman on the railway, Adrian Shooter explains why it is closing after such a short period of time and what will happen to its customers and staff.

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Wake Up to Money

28/01/2011

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