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15/10/2010

How the UK will be affected by China's five-year economic plan. And why you might struggle to get your house insurance for flooding, from 2013.

News and views from the business world with Mickey Clark and Andrew Verity.

In China, now one of the world's most capitalist countries, the ruling Communist Party is about to unveil its Communist-sounding five-year economic plan. How quickly is China going to grow, what it's going to do about international pressure to let the value of its currency rise, and how will all this affect the UK?

A deal between insurers and the government that makes sure policies cover flood damage will expire in 2013 - the Association of British Insurers tells us it wants to see more investment in flood protection.

One solution to reducing the deficit could involve the government selling off assets such as the Royal Mint and Channel 4. The Adam Smith Institute, which has drawn up a list of sell-off targets, explains why it wouldn't be a 'fire sale'.

And as ticket prices for the 2012 Olympics are announced, there's a warning that most UK companies are behind in preparations for the Games. We ask why firms should care, if they're not based in London.

30 minutes

Last on

Fri 15 Oct 2010 05:30

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  • Fri 15 Oct 2010 05:30

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