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24/05/2010

The 拢6bn public sector spending cuts, views of one BA worker not striking, Northern Rock accounts no longer Government-guaranteed, and a company who will pay interest in chocolate!

News and views from the business world with Jeremy Naylor and Andy Verity.

Public spending cuts was one of the big election issues and now Chancellor George Osborne is ready to set out his plans to save the economy 拢6 billion. We speak to Patrick Nolan from centre-right think-tank Reform and our reporter Mark Broad who has been looking into whether we can learn anything from Ireland's economic problems.

Talks between BA and Unite were gate-crashed by activists from the Socialist Workers Party, and union leader Derek Simpson angered BA boss Willie Walsh by tweeting updates during the meeting. We talk to an anonymous member of BA's cabin crew, who resigned from his union because he doesn't believe they represent the majority of cabin crew.

Northern Rock bank accounts will now get the same protection as they would with any other bank or building society. Anna Sofat, founder of Addidi Wealth Management explains what the new protection rules are.

Hotel Chocolat is offering a tasty incentive to investors. In exchange for buying a bond, they will earn interest in the form of chocolate. We ask Angus Thirwell, co-founder of Hotel Chocolat, if there is a risk that investors may not get their money back.

30 minutes

Last on

Mon 24 May 2010 05:30

Broadcast

  • Mon 24 May 2010 05:30

Podcast