Today on the agenda, Georgie Frost and Russell Quirk. Founder and CEO at Emoov discussed how Jeremy Corbyn's claiming the Conservatives 'will never fix the housing crisis' but his party will, if it wins the general election. Plus they look into Theresa May is seriously considering replacing the 'triple lock', and spending some of the money saved on social care. All these stories and more on The News Review.
We've had the last PMQ's before the general election. And away from the general election, Theresa May has met the EU's chief negotiator for talks. Zac Goldsmith has been selected as the Conservative candidate for Richmond Park. He was the area's MP from 2010 until December last year when he lost to Lib Dem Sarah Olney after a massive swing in a by-election.
Georgie Frost was joined by Nigel Cassidy to discuss the latest market headlines, starting with Lloyds. And housebuilders out in force this morning. We've heard from both Taylor Wimpey and Persimmon. Plus Donald Trump’s administration has unveiled plans for a drastic overhaul of the country’s tax system, including reducing corporate tax to 15%.
A mixed bag for Twitter: The number of people using the social network has risen 14% and the firm's losses narrowed in the first three months of this year. But ad revenue fell by almost 8% from a year earlier. And now a row's brewing with the government about the decision to withdraw access to user data used to investigate potential terrorist plots.
GlaxoSmithKline has beaten analyst expectations by increasing its sales 19pc in the first quarter under new boss Emma Walmsley. Sales at the pharmaceutical giant hit £7.4bn in the three months to March 31, up from £6.2bn a year previously and higher than the £7.25bn pencilled in by analysts. But what about the pharmaceutical industry worldwide?
Officials at Saudi Arabian Oil Co, or Saudi Aramco. have told their superiors there is a hitch in the plans to take the state-owned oil company public next year. It is likely worth at least $500 billion less than the government previously suggested - roughly the value of Amazon and Netflix combined.
The Prime Minister has refused to guarantee the triple lock on pensions. It's understood that Mrs May is coming under increasing pressure to drop the pledge, which means pensions always rise by 2.5%, from the Conservative manifesto. But with no guarantees on pensions, how can we fund our retirement?
The FTSE 100 opened lower today, in part due to miner Fresnillo suffering earlier in the day, then later Engineer GKN pushed down the index, warning it might not be able to sustain its current growth. For more of the day's big company news, Robyn Dwyer was joined by Chris Bailey, founder of FinancialOrbit.com
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