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What is the future for Europe and the UK? Is it cuts or growth? As President Obama tells the prime minister David Cameron and the German chancellor Angela Merkel that Europe needs to create jobs and grow, we find out what it means for us from economist Christian Schulz.

Studio guests include Jacqueline Gold, the boss of underwear and sex-toy chain Ann Summers, and food manufacturer Charlie Bigham, whose inspiration for his business came after a trip to Asia. City expert and headhunter Heather McGregor gives her take on the week's business stories. Reporter Elizabeth Hotson is at a glass factory to learn how they are using new technologies to expand the business.