Catch up on the day's big business and economics stories Monday to Friday with Sky News' business presenter Ian King. Reports, discussion and interviews from the heart of the City and beyond.
Paul Kelso discusses the purchase of The Spectator magazine with Sky's City Editor, Mark Kleinman.He also talks to James Reed, Chairman and Chief executive of the REED group employment agency about the latest job figures.And the Chief Executive of EE Marc Allera joins Paul to talk about their latest 5G launch.
Ian King looks at retail sales after they unexpectedly fell 2.3% in April due to the wet weather.Household energy bills will also drop this summer after the energy regulator announced it's lowering the price cap by 7%.And the chief financial officer of Marriot International, Lenny Oberg, talks about what she wants to see from the next government.
On today's episode Ian chats to Aviva's chief executive Dame Amanda Blanc, who's calling for a decisive general election result, because businesses need certainty.The boss of National Grid joins the show after it announced plans to raise 7-billion pounds from investors to double spending on the electricity network over the next five years.And the founder of Bloomsbury Publishing speaks to Ian, about posting the best results in its 38-year history.
On today's episode, the US Treasury Secretary Janet Yellen tells Sky News there's a chance G7 nations will support Ukraine's war effort by using billions of dollars in loans linked to seized Russian Assets. Hear the latest on the future of online car retailer Cazoo after it falls into administration putting 200 jobs at risk. Plus Ian speaks to the Bank of England's executive director about the future of cross-border banking.
On Ian's show, Mark Allan, CEO of the UK's biggest listed commercial property company Land Securities, talks about valuations beginning to stabilise. Colin Godfrey, Chief Executive of Tritax Big Box REIT, discusses the company's merger with UK Commercial Property REIT.And, there's Ruth Mortimer, Global President at Advertising Week Europe.
On Ian's show, EasyJet boss Johan Lundgren talks about predictions of a record summer and why he's stepping down. Helen Gordon, Chief Executive of Grainger, discusses being on course to deliver 1,000 new rental homes this year in Birmingham, Bristol and North London.And, there's Steve Hare, chief executive of Sage, talking about a rise in profits and demands for its services.
On Ian's show, Jamie Dimon, the CEO of JP Morgan Chase, urges a collaborative approach to tackling economic challenges posed by China.Robert Forrester, Chief Executive of Vertu Motors, discussing its record revenue following a bumpy year. And there's Daniel Pell from Workday talking about investing in its UK operations.
On Ian's show he talks to Victoria Clarke, UK Chief Economist at Santander Corporate Investment Bank, about wage growth. Sky's Economics and Data Editor Ed Conway discusses the US increasing tariffs on Chinese Electric Vehicles.And there's Odisseas Athanasiou, Chief Executive of Lamda Development, talking about Europe's largest urban development project.
On Ian's show he talks to Lynn Calder, the chief executive of Ineos Automotive, about decarbonisation in transport.Bas Burger, chief executive of BT Business, is discussing the economic impact of deferring tech investment.And there's Janet Mui, head of market analysis at Brewin Dolphin, giving us her analysis of the markets including the latest from mining giant Anglo American - which has rejected an improved takeover approach from rival BHP.
As the latest GDP figures show the UK economy's emerged from its shallow recession, Ian King hosts a special edition of his business show.To analyse what the numbers mean, he's joined by Shevaun Haviland, director general of the British Chambers of Commerce, Vivek Paul from BlackRock Investment Institute and Interactive Investor's Victoria ScholarPlus Lucian Cook from estate agents Savills is here to discuss the impact of the economy and interest rates on the property market.
Barclays Chief UK Economist Jack Meaning, talks to Ian King about interest rates.Ian is also joined by Rachel Winter, Partner at Killik and Co to discuss all the latest from the markets.And we hear about Watches of Switzerland buy-out of Italian jewellery brand Roberto Coin for 104 million pounds
Ian King talks to Craig Beaumont, Chief of External Affairs at the Federation of Small Businesses, about the UK coming out of recession.Sky's economic and business editor Ed Conway joins Ian to talk about Russian profits from oil and gas. And Khanh Vu, Co-manager of the VinaCapital Vietnam Opportunity Fund speaks to Ian about Vietnam's growing geopolitical influence.
Ian King talks to Alex Kendall, co-founder of British driverless car start-up Wayve about their new investment. Gerald Chappell, Chief Executive and co-founder of Abound also joins Ian to discuss their latest financing. And Mark Crabtree, Managing Director of sound-engineering firm AMS Neve reveals they've been awarded the King's award for enterprise.
Ian King looks at news that Europe's biggest company, Novo Nordisk, is once again raising its sales and profits forecasts for the year.John Reade, the chief market strategist of the World Gold Council joins Ian to discuss why demand for gold has has enjoyed its best start to a year since 2016 .And Pandora's chief executive Alexander Lacik speaks to Ian after the world's largest jewellery producer said sales will be better than expected this year.
Ian King discusses Nationwide's figures showing a surprise fall in UK house prices, down for the second month running. He's also talking to a company that's installed its first Electric Vehicle charge point powered from a street cabinet. And Ian speaks to the founder of a new platform that claims to give retailers a better deal when it comes to advertising
As commercial property values fall by less than expected during the last year, Ian is joined by Grosvenor's Chief Executive, Mark Preston. Plus, Premier Inn owner Whitbread looks to expand hotel business, and HSBC's chief executive resigns after nearly five years in the role.
Ian King discusses profit warnings - as nearly one in five UK listed companies have issued one in the last year. He's also talking about the average cost of comprehensive motor insurance as it's risen by a third over the past year. And a mental health clinic which specialises in the treatment of businesspeople say it's seen a spike in referrals of CEOs.
On today's episode of the Ian King Business podcast, the founder of Argonaut Capital, Barry Norris, discusses what Rishi Sunak's planned increase in defence spending will mean for the industry.NatWest's become the latest bank to report a sharp drop in profits. And this week saw one of the biggest deals yet in the cannabis sector, when Curaleaf Holdings completed its takeover of smaller rival Northern Green Canada.Ian speaks to Curaleaf's chief executive.
On today's episode, Ian King reveals Tesla's plans to introduce new vehicle models before the second half of next year as Elon Musk's company reports a dip in sales and net profits.He gets reaction from Daniel Ives, Managing Director at Wedbush Securities.Lloyds Banking Group also reports a dip in profits.Plus, Ryanair's chief executive Michael O'Leary announces plans to boost traffic.
Associated British Foods, the parent company of Primark, has reported pre-tax half-year profits jumped 37% in the six months to March. On today's episode, Ian King looks at what that's done for its share price.Meanwhile, he digs into the markets after a record-high FTSE close of 8,023.Plus, a blow for the chancellor after government borrowing came in higher than forecast.
On today's episode of the Ian King Business Podcast, Asda's chief financial officer Michael Gleeson responds to a 2.2% like-for-like sales growth - a slow-down of the 2.8% reported in the previous quarter.Underlying profts rose, though.Thames Water's promised to invest £1.1 billion in its network over the next five years.Plus EY share their new spring forecast.
How have the markets reacted to Israel's attack on Iran? Ian's joined by Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown to assess the impact.He's also chatting to the boss of Dutch telecoms firm KPN, which has launched a major campaign against the sending of unsolicited sexual images.
The average cost of car insurance in the UK is now more than £900 according to one comparison website - that up 43% over the space of one year. Ian's joined by Steve Dukes, Chief Executive of Confused.com to discuss what it means for premiums and payouts.Music investment company Hipgnosis has agreed to a 1-point-1 billion pound takeover by Alchemy Copyrights. The fund owns 138 catalogues with more than 40,000 songs by artists including Blondie and Red Hot Chili Peppers.And Security giant Cisco is teaming up with the design team at McLaren F1 on building and upgrading their cars - hear from Jeetu Patel, Cisco's Executive Vice President and General Manager.
As inflation drops to a two-and-a-half year low, Ian discusses what it could mean for interest rates with Kathleen Brooks, research director at XTB.He's also joined by Kriti Sharma, chief product officer of legal tech at Thomson Reuters - which is launching a new generative AI assistant for the legal profession.And warnings of the risks of so called "forever chemicals" have led to a surge in demand a new non stick kitchen pan that's made without them. Shiza Shahid, co-founder of Our Place - the company behind the product - explains why.
As wages continue to rise more rapidly than expected Ian's joined by James Reed, chairman of the employment agency, Reed Group to discuss how hopes of an imminent cut in interest rates have been dampened.Erin Platts from HSBC Innovation Banking tells Ian that UK start-ups raised less money from venture capital during the first three months of this year than in any quarter since the early days of the pandemic.And Jonathan Satchell, CEO of Learning Technologies Group talks to Ian about ensuring that employers get the best out of their workforce.
Global oil prices dipped slightly this morning despite rising tensions in the Middle East. Ian's joined by Henry Allen, macro strategist at Deutsche Bank to discuss what it means and the likely impact.International motor dealer Inchcape has sold its UK retail operations for £346 million to the US motor dealer Group 1 Automotive.Plus, as more of us look to decarbonise our homes, Ian speaks to residential energy services company Hometree Group as it takes on market leaders Homeserve and British Gas. The company's chief executive Simon Phelan explains their ambitions.
Newly released figures suggest the UK will be out of its technical recession early this year, following two quarters in a row of negative growth in late 2023.Ian discusses the latest ONS figures with Victoria Clarke, chief UK economist at Santander Corporate and Investment Banking.The financial regulator's written to providers of motor finance reminding them they must maintain adequate financial resources. It's carrying out a review of discretionary commission agreements on car loans - a practice banned in 2021.Plus the state-owned oil company of Abu Dhabi has reportedly looked at BP as a possible takeover target.
As global satellite giant Viasat opens its new international headquarters in London, Ian King is joined by the company's President Guru Gowrappan.Britain's night time economy has struggled to recover since the pandemic but one entrepreneur is betting on its revival. Mexican-Japanese restaurant brand Los Mochis will tonight open a 14,000 square foot site at Broadgate Circle in London. Ian speaks to its founder Markus Thesleff.Plus Mimo - a financial management software company - says it's raised more than £15 million to support its launch. Henrik Grim, co-founder and chief executive of the company explains what they hope to achieve.
On today's show Tesco reports a sharp rise in annual profits. It posted an adjusted operating profit of £2.83 billion for the year to the end of February - up 11% on the previous year. Ian King speaks to Andrew Gossage, chief executive of homewares supplier Ultimate Products about shipping costs in light of recent attacks in the Red Sea from Houthi militants. Plus, British parking app JustPark is to launch in the United States and Canada after merging with a leading US provider. The app's founder Anthony Eskinazi, explains the significance of the deal.
On today's episode Ian chats with Bo Sears from US-based company Helix Exploration about the value of Helium. Also on the show is Andrew Gossage from Ultimate Products after they reported pre-tax profit of £9.5 million for the six months to the end of January.
On today's episode, Ian King talks to the Business editor at the Sun Ashley Armstrong about the news that the John Lewis Partnership has appointed former Tesco chief executive Jason Tarry as its next chairman. Also, Ian speaks with Marco Alvera from Tree Energy Solutions about new investments in Electric Natural gas which could help speed up a transition towards net zero. And William Lamb from Lucara Diamond joins the show to talk about why diamond prices have taken a hit.
Ian King's been speaking in detail with Thames Water's chief executive Chris Weston about the company's financial status, after shareholders refused to inject new funds into the company.Jo Boydell, CEO of Travelodge, discusses their record annual sales which topped 1 billion pounds.And Lloyd's of London has also reported strong results - Ian talks to chief executive, John Neal.Plus there's a roundup of the markets with Rachel Winter, Partner at Killik & Co.
Ian King speaks to Hann-Ju Ho, senior economist at Lloyds Bank Commercial Banking about rising UK business confidence.Cecilia Parker Aranha, the CMA's Director of Consumer Protection, talks about a crackdown on so-called 'greenwashing' by major fashion retailers.And could 2024 be the year more European companies come to the market? Ian's discussing that with Jos Dijsselhof, chief executive of SIX Group, owner of the Swiss and Madrid stock exchanges.
Peter Aylott, Director of Policy at the UK's Chamber of Shipping talks to Ian King about the bridge collapse in Baltimore - caused by a ship colliding with the structure.David MacKenzie,from engineering and architecture consultancy, COWIfonden also talks about issues for the construction industry surrounding that incident.And, Ken Gilmartin, Chief Executive of Wood Group joins Ian to discuss the company's efficiency plans for the future.
Ian King speaks to Rishi Khosla, the chief executive of challenger bank OakNorth about its rise in profits.Jay Wright, the CEO of Virgin Wines, talks about their strong earnings.While global resorts giant Merlin Entertainments reports record sales - we hear from chief executive Scott O'Neil.And with a roundup of the markets is Russ Mould, Investment Director at AJ Bell.
The latest on the Post Office as the chairman of the Land Registry Neil Sachdev is reportedly being considered as a potential replacement for Henry Staunton.Ian's also joined by the boss of pub chain J.D Wetherspoon Tim Martin after announcing an increase in pre-tax profits and an increase in like-for-like sales. And hear from James Ryan from Grove Gallery who are hoping to attract art buyers and investors at this years Ideal Home Show in London.
Ian's joined by Rebecca Klar, technology and policy reporter at The Hill to talk about the news that the US Government is suing Apple accusing it of maintaining an illegal monopoly on smartphones. Hear the latest as the Bank of England votes to keep interest rates unchanged for another month at 5.25%.Also why thousands of women may be entitled to compensation after the pension age was increased. Ian finds out more with economist France Coppola.
Ian reacts to the latest figures from the Office for National Statistics which showed inflation fell to 3.4% in February down from 4% the month before. Also Greggs becomes the latest company to suffer from IT issues forcing something of it's stores to briefly close. And the CEO of fitness chain David Lloyd Leisure joins the show to talk about their new investment in spa retreats.
As consumer goods giant Unilever announced it's to cut around 7,500 jobs across its global operations, Ian King speaks to Terry Smith who is the company's tenth-biggest shareholder.Ian also discusses the Bank of Japan raising interest rates for the first time since 2007 with Izumi Devalier, Head of Japan Economics at Bank of America Global Research. And the chief executive of Trustpilot joins the show to talk about its return to profit.
Ian King speaks to Fhaheen Khan from Make UK about new research that's shown manufacturers are facing the prospect of two years of "anaemic growth". And Tim Bannister from RightMove joins the show to talk about new evidence of a revival in the housing market.
Ian King speaks to a UK economist at Deutsche Bank about the latest growth figures. Plus, we hear from the Atrato Group about investing in supermarket real estate. And the co-founder of Autonomo joins the show to discuss the firm's software, allowing retailers to create cashierless stores.
Ian King speaks to the operations director at Manpower UK about latest growth and earnings figures. Plus, we hear from the chief executive at the Competition and Markets Authority about how pet owners may be overpaying for medicines. And the boss of Genuit discusses how it's looking to reduce the impact Britain's homes and built environment have on climate change.