Wake Up to Money - 27/07/2010

BP have recorded huge $17 billion dollar losses in their second quarterly results, and will set aside $32 billion dollars to clean up and compensate victims of the Gulf of Mexico oil spill. We ask Greg smith, an oil analyst and the managing director of the independent research analysts Fat Prophets, whether BP will ever be able to recover from this disaster. The majority of people using broadband are not getting the speed they are paying for, research by the regulator Ofcom suggests. Sam Crawford, from SamKnows.com, a broadband benchmarking specialist explains why this is the case. The Energy Secretary Chris Huhne is set to call for an increase in wind turbines in a speech on energy policy. According to the think tank Chatham House, the UK needs to work with the EU to avoid a looming energy crisis. We ask Nick Mabey, Chief Executive of energy consultants E3G and co-author of the Chatham House report how far green technologies can solve the problem. With exactly two years until the start of the Olympic Games, the Olympic Delivery Authority promise the Games will be a financial, as well as a sporting, success. However, the estimated bill has already climbed from an initial £2.4 billion to the current £9.3 billion. Matthew Sinclair, research director of the Taxpayers Alliance, explains what the financial dangers are as the games approach.