Ontelly

Wake Up to Money - 05/05/2010

Logo for Wake Up to Money - 05/05/2010

Yesterday, stock markets all over the world were hit by a wave of selling due to uncertainties over Greece. This market turmoil could scupper the Prudential's £14 billion deal - proceeds will be used to buy the Asian assets of America's AIG. We ask James Bevan from CCLA Management, who hold tens of millions of pounds of shares in the Pru what this deal would mean for shareholders and the markets. KPMG and The Recruitment and Employment Confederation say job vacancies continued to rise in April, with hourly pay rates increasing at their fastest pace in over two years. But they also report that the jobs market remains fragile and under threat from sweeping public sector cut backs. Kevin Green, the confederation's chief executive, explains how the new government must stimulate job growth despite cutbacks in the budget deficit. News Corp, owners of 20th Century Fox, reported a 19% sales increase in its quarterly results last night. Operating profits were even more impressive at 76%, but despite this, New Corp shares dipped 3% in after hours trading. We ask Chris Orndorff, Chief Investment Officer at Orndorff Capital Management why. On the last day of campaigning before the general election, the political parties are offering a range of personal finance policies. Danny Cox, head of advice at the financial advisors, Hargreaves Lansdowne explains what to look out for in pensions, savings, tax.ii.