Georgie Frost was joined by Andy Webb of Be Clever With Your Cash this morning. Today on the agenda, they discussed, of course, the Article 50 letter being delivered to Brussels. Plus they look into why drivers will pay 25 times more road tax from this week . All these stories and more on The News Review.
The letter which will formally begin the UK's exit from the EU has been signed by the prime minister. It will be hand-delivered to Brussels this lunchtime - triggering Article 50. Negotiations for the exit deal will then be able to start. To discuss what will happen over the next 48 hours, Georgie Frost was joined by Billy Bambrough, Editor of economics and business website Verdict.co.uk.
Nigel Cassidy joined Georgie Frost to discuss the main market headlines of the morning, starting with the news of today, which is all about Article 50 being triggered. Ryanair has had its say on this. They've said aviation should be prioritised in the Brexit talks. We've also heard full-year figures from Saga, the over 50s insurance specialist. Plus we've also had trading updates from Tui and StageCoach.
A big legal defeat has driven Uber out of Denmark. A new law requires all taxis to have expensive seat sensors, meters, and video surveillance, meaning Uber is an "illegal taxi service" and not a "ride sharing app" as it claims. The ride-hailing company says it's closing it's business from mid-April. Matt Cox spoke to Paul Henty, Partner and competition law expert at law firm Charles Russell-Speechlys.
Truckman, the West Midlands-based automotive manufacturer, has made a sharp U-turn on its stance on Brexit. The company was firmly anti-Brexit and has now become a supporter of leaving the EU and has set it's sights on doubling its export activity by targeting countries including Belgium, France, Germany, the Netherlands, Luxembourg and Sweden. Chairman Mike Wheeler joined Nigel Cassidy to discuss the change of heart.
Theresa May will trigger Article 50 later. There'll be much scrutinising of the text of hints about where the coming negotiations are going, both in Brussels and London. The tone and the contents will form the basis for the EU's response. Joining Nigel Cassidy is Chris Bailey, Founder of Financial Orbit.
The pharmacy industry is trying to assess the likely impact of a £128 million government move to stop GPs writing prescriptions for 'low-priority' items. You could soon be stopped from getting travel jabs, gluten-free foods and omega-3 supplements on the NHS. You may have heard it confirmed yesterday that 10 treatments are involved in the first round of the shake-up by NHS England chief executive Simon Stevens. What difference will this make? Galen Rosenberg, owner of the Maple Leaf Pharmacy spoke to Nigel Cassidy to discuss this further.
Theresa May's letter signalling our EU exit will be delivered in around 4 hours in Brussels firing the starting gun on the UK's formal exit negotiations. Despite May's positivity, many will be asking 'what does this mean for me?', including investors. Joining Nigel Cassidy to discuss what investor's might look forward to over the next couple of years is Richard Stone, CEO of The Share Centre.
Article 50 will be activated tomorrow but can it move markets? Or will other Brexit policies be more closely watched by investors? Michael Hewson, chief market analyst at CMC Markets, joined Share Radio's Ed Bowsher for more.
Tesco will pay a £129 million fine over its 2014 accounting scandal, plus provide compensation for some investors, while two major shareholders are opposed to the supermarket giant's takeover of wholesaler Booker. For more analysis Rodney Hobson, financial commentator, joined Share Radio's Ed Bowsher for more.