Wake Up to Money - 19/07/2010

News and views from the business world. Some high street banks are now charging interest rates on overdrafts that are much higher than the advertised rates. We ask David Black, Banking Specialist at Defaqto, how people can avoid paying for these charges. BT call charges are going up by 10%, and the company will soon be adding 50p a month to landline rentals. We ask Eddie Murphy, telecoms analyst at Priory Consulting, if he thinks BT will invest the money in new schemes, or if this move is purely for profit. Today marks the start of 2010 Farnborough International Air Show in Hampshire. It is a chance for airline industry to show off their latest planes and engines, and sign new orders for equipment. Our Business Reporter Theo Legget, tells us why all eyes will be on the 787 Dreamliner, and Airbus' new military transport plane. In the first six months of this year, losses from fraud over £50,000 rocketed to £1.06bn. This figure is already almost the same as for the whole of 2008. Simon Bevan, head of the Fraud Services unit at BDO LLP and the author of the report, tells us how high the figure could be by the end of the year.