Welcome to the This is Money show on Share Radio. From major supermarkets to micro-entrepreneurs we’ll be focusing on businesses big and small. Growing competition, inflation and a weak pound are all spelling problems for the retail sector whilst plans to scrap tax breaks threaten small businesses with bigger bills. Running through the various other issues from 4G to the strength of the high street Georgie Frost is joined by Editor Simon Lambert and Consumer Affairs Editor Lee Boyce. Plus how the new, forgery proof pound coin might not prove as secure as hoped.
We're recalling the early days of Share Radio now. We've been on air for almost two and a half years. Once person who was here from the very beginning was Billy Bambrough, the editor of economics and politics website verdict.co.uk. And Billy explained what it was like when Share Radio went on air at the very beginning.
British Airways owner International Consolidated Airlines Group has said its first-quarter operating profit before exceptional items rose by 9.7% to €170m (US$186.6mn), up from €155m in 2016 and well ahead of analysts forecast for €140.5m.
Share Radio's Ed Bowsher is joined by Moneyweek's Merryn Somerset Webb for their weekly catch up. This week - is India really an attractive place for investors? The two discuss the emerging market and more.
HSBC has today reported its first quarter results, and revealed that adjusted pre-tax profits are up to $5.9bn, compared to forecast of $5.3bn, continuing the trend of a bumper Q1 for banks. For more on this and the latest corporate news, Ed Bowsher spoke to Richard J Hunter, Head of Research at Wilson King Investment Management.
Service sector PMI has hit a 4 month high in data released today, up from 55 to 55.8. Meanwhile, the automotive sector has had worse news, seeing a 20% fall in new car registrations last month. To discuss this and more of the day's big macro news in more detail, Ed Bowsher was joined by Simon French, Chief Economist at Panmure Gordon.
Today on the agenda, Sue Dougan and personal finance expert Martyn James discussed how Facebook is hiring 3,000 more staff to police its content. Plus they look at how it's finally the end for the old paper five pound note. All these stories and more on The News Review.
Starting with the French elections this morning. Marine Le Pen and Emmanuel Macron have clashed in a TV debate ahead of Sunday's vote. Moving away from the elections, the EU’s chief Brexit negotiator Michel Barnier says it was wrong to suggest Brexit would be a fast and painless process with no impact on people’s lives. He's highlighted the rights of EU citizens, the final divorce settlement, and the Irish border question as the key issues that must be addressed.
Joining Sue Dougan to go through the latest market headlines was Nigel Cassidy and it's been a busy morning of company announcements. We've heard from a number of major companies. Starting with Morrisons and Next.