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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: 23/06/2011

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23/06/2011

BBC Radio 5 Live - Wake Up to Money, 23/06/2011

Nick Clegg backs hand out of millions of free bank shares.

Forty six million tax payers could be set to receive free shares in the two biggest state-owned banks and HMV shareholders vote on the sale of its book chain Waterstones.

Presented by Mickey Clarke and Dominic Laurie.

Forty six million tax payers could be set to receive free shares in the two biggest state-owned banks - Lloyds and Royal Bank of Scotland - if a proposal by Lib Dem leader Nick Clegg is successful. We are joined by Michael O'Connor from Portman Capital - the company advising the Lib Dems on the idea.

HMV shareholders are voting on the sale of its book chain Waterstones. A portion of the £53 million in sales revenues could be used by HMV to pursue a new High Street strategy moving towards concert venues. Bryan Roberts of Kantar retail is with us.

The US has voted to keep interest rates on hold and announced a big cut in growth predictions. We speak to Scott Sumner, professor of economics at Bentley University.

Finally, number one in the e-book selling - "Catch Your Death" - was self-published using Amazon's free direct publishing system. We are joined by its author Louise Voss.

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Wake Up to Money

23/06/2011

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