Wake Up to Money - 09/07/2010

News and views from the business world with Mickey Clark and Jeremy Naylor. Millions of people could lose out as the government looks to change how some private sector pensions are calculated. The move would see pensions linked to the typically slower-growing Consumer Prices Index measure of inflation instead of using the current Retail Prices Index. We ask Tom McPhail, Head of Pensions Research at Hargreaves Lansdown, how significant this change could be. The Forum of Private Business has been compiling a late payment list of big name companies that take up to three months to pay their suppliers. Computer firm Dell are the latest name to be added to Argos and Carlsberg. Phil Orford, chief executive of the Forum of Private Business, tells us what the typical payment period is. Time is running out for UK citizens who sold properties in Spain between 1997 and 2006 to claim back overpaid taxes to the Spanish government. They were charged twice the capital gains tax levied on property sellers based in Spain. We ask Mark Bodega, Director at the currency specialists Hi-FX, how much the amount has changed due to the change of currency and exchange rate fluctuation. Modern tools like Twitter and Google are hampering our ability to work effectively, rather than enhance it. That is according to Jean Gomes, author of The Way we're Working Isn't Working. Gomes explains whether multi-tasking is a myth.