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25/02/2011

Brent crude oil has hit its highest price in over two years. Why is it still going up? As Lloyds reports its full year results, how long before taxpayers get a return?

News and views from the business world with Mickey Clark and Robert Miller.

Brent crude oil has hit its highest price in two and a half years, almost $120 a barrel, as the Libyan crisis deepens. The rise was driven by growing concern that the unrest may spread further. We speak to Malcolm Bracken, an oil analyst at stockbrokers Redmayne Bentley, about why oil prices are still rising.

Lloyds Banking Group is about to report its first profits since it was bailed out by the taxpayer. Chris Skinner, chief executive of Balatro, a banking industry research firm, discusses how long it will be before taxpayers see a return on their investment.

The revision of the official UK economic growth figures for the last quarter of 2010 is due. The programme hears from David Frost from the British Chambers of Commerce, who explains which sectors are doing well and which are struggling.

Email wakeuptomoney@bbc.co.uk.

30 minutes

Last on

Fri 25 Feb 2011 05:30

Broadcast

  • Fri 25 Feb 2011 05:30

Podcast