Wake Up to Money - 25/05/2010

News and views from the business world with Jeremy Naylor and Andy Verity. The government is expected to include a Welfare Reform Bill in the Queen's Speech, scrapping existing welfare to work programmes. We ask Richard Johnson, managing director of Welfare to Work at the outsourcing company Serco, what this news means for companies like his. The Queen's Speech is also expected to include a banking levy and a crackdown on bankers' bonuses. Peter Hahn, banking expert at CASS Business School, questions whether the government would want to do anything that could damage its stakes in Lloyds and RBS. One of New Labour's most popular giveaways, Child Trust Funds, is facing the axe. We ask David White, chief executive of The Children's Mutual, the UK's biggest provider of Child Trust Funds, for his reaction to David Laws' comments that CTFs are simply creating more public debt. Sir Stuart Rose, who has run Marks & Spencer since 2004, is set to present the company's full year results for the last time. Paul Mumford, Senior Fund Manager at M&S shareholders Cavendish Fund Management, analyses the successes and failures of Sir Stuart's tenure.