Wake Up to Money - 08/06/2010

Premier League football clubs are urged to keep costs under control after wages made an 11% leap to £1.3 billion overall. New research shows that the public sector will have to radically reform working practices to preserve front line services during Government spending cuts. Radical changes to the banking sector may mean banks are forced to keep the deposit side of their business separate from more risky investment practices. Finally, a rogue trader accused of running up more than £4 billion in losses stands trial in Paris.