Ontelly

Wake Up to Money - 26/08/2010

Logo for Wake Up to Money - 26/08/2010

News and views from the business world with Rebecca Marston and Jeremy Naylor. BP says it is not taking part in the bidding war for oil exploration in Greenland. We ask Malcolm Bracken, who watches the oil and gas industry for the stockbrokers Redmayne Bentley, if this is a result of the damaging oil spill in the Gulf of Mexico. Commercial property leases have hit their lowest level on record, according to a body that represents landlords. We talk to Liz Peace, chief executive of the British Property Federation and Tom Ironside, Director of Business and Regulation at the British Retail Consortium. With the recent investment in government bonds, there are questions over future economic growth. Jeremy Stretch, market strategist at Canadian-based financial institution CIBC, explains why government debt is so attractive at this moment.