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Wake Up To Money

Language: English
Category: Business /
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Wake Up To Money|Money: Refinancing - 06th January 2009 Episode

Andy Verity and Mickey Clark present this morning's business stories, including: British companies are facing huge refinancing problems this year when more than 50 billion pounds of bank debt expires in the midst of the biggest credit crunch in history. The Bank of England is widely tipped to cut interest rates yet again this week, but not all mortgage lenders are likely to pass the benefit on to borrowers in the form of cheaper monthly repayments. Also; we're hearing a lot about companies laying people off at the moment, but Bosch Lawn & Garden in Suffolk has been taking another hundred people on despite the credit crunch. Finally, today sees the start of the MacWorld Conference in San Francisco; after the phenomenal success with the ipod and iphone, what will the company be doing next?

[ Tue, 06 Jan 2009 06:40:00 +0000 ]


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