Podcasts from Morning Money at 6:00 related to Economics - UK

Just five weeks ago, shares in Sareum Holdings rocketed over 150% after it announced its cancer drug candidate had been licensed to Nasdaq listed ProNAi Therapeutics. The company discovers and develops innovative drug candidates aimed at cancers and autoimmune diseases and its results are out. Dr Tim Mitchell is the CEO and he joined Share Radio to discuss the numbers.

Manufacturers from all over the country are gathered in Birmingham this week for one of the biggest events in their calendar, the Manufacturer of the Year Awards. In a very uncertain period for the industry, thanks to the fall in the value of sterling, Share Radio's Nick Peters joined us live from Birmingham to discuss the mood and what we can look forward to.

Figures from Barclaycard reveal consumer spending in August reached a 13-month high of 4.2%, as warmer weather prompted shoppers to splash out on clothes and entertainment. It conflicts with BRC data however, which showed that consumers cut back on spending. So which to believe? Paul Lockstone, Managing Director at Barclaycard, offered his views.

This month, Scottish wind farms have received a record £5.5 million to shut down. It’s after hurricane-force gusts produced more electricity than could be consumed. August 7th saw winds blowing as high as 115 miles an hour, while demand for power fell to record lows. But Renewable UK’s Deputy Chief Executive, Maf Smith, told Share Radio's James Brydges that wind farms turning off was actually the least expensive solution.

The National Farmers' Union is launching a post-Brexit options paper for its members on what trade deal they would like with the European Union and the rest of the world. Over 34,000 non-UK born workers were employed on UK farms in 2014, and a key area now being discussed is the importance of free movement of labour for the farming industry. So just how vital an issue is this? Joe Aldridge has been speaking to the NFU's Vice President Guy Smith to find out.

Prime Minister Theresa May has met with senior ministers to discuss a new economic and industrial strategy. Post-meeting, we learned Britain will continue to seek investment from around the world, In a statement, a spokesperson said the discussion "...underlined that Britain is open for business, we continue to seek investment from around the world and we will continue to be a strong advocate for free trade." Share Radio was joined by James Frayne, director of policy issue consultancy Public First to discuss further.

Commercial businesses in the South East and London came under attack from fraudsters in the first half of 2016 to the tune of £84.1m, according to new research. KPMG's Fraud Barometer shows a 585% increase in the value of prosecuted fraud against commercial businesses in the region, as prosecuted fraud against financial institutions and investors fell. Hitesh Patel, head of forensic at KPMG explained further.

Retail sales volumes have declined more rapidly in July than at any time in the last four years, according to a survey by the CBI. The British Retail Consortium said jobs were being shed in the months leading up to the referendum. To analyse the findings of the survey, Richard Perks, Retail Analyst at Mintel, joined Nigel Cassidy and Paul Sedgwick.

It’s a month since the UK voted to leave the EU, and data from the Markit PMI shows that the UK business economy has sunk to its lowest level since April 2009. But what should we make of this? Joe Aldridge has been hearing from Scott Bowman, UK Economist at Capital Economics.

A string of possible business projects, including the Hinkley Point C nuclear power station, will need to be decided on by new Government Ministers, as Brexit opens up new policy options, including a possible industrial strategy. But what will it look like? James Frayne, a former senior civil servant in government, discussed on Share Radio.