Wake Up to Money - 31/08/2010

With Andy Verity and Jeremy Naylor. A KPMG report warns companies against sacrificing business growth for pension deficit reduction. We ask Mike Smedley, Pensions Partner at KPMG, why companies are looking to reduce these deficits so aggressively. We look ahead to the release of Indian GDP figures for the three months to June. Vikas Pota, Managing Director of Saffron Chase, which advises companies how to do business in India, tells us what has driven his massive growth. The summer football transfer window closes today and Grant Thornton will release a report looking at how much money has been spent. We ask Professor Chris Brady, Dean of the BPP Business School whether the recession has had any impact on the spending power of clubs. The latest consumer confidence index compiled by Gfk NOP shows confidence in the economy is up for the first time in five months. Nick Moon, Managing Director of Gfk NOP, tells us whether he thinks this upward trend is sustainable, or if consumer negativity will set in once again.