The Ian King Business Podcast Sky News
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Catch up on the day's big business and economics stories Monday to Friday with Sky News' business presenter Ian King. Reports, discussion and interviews from the heart of the City and beyond.
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Commercial property values, Whitbread job losses, and HSBC boss steps down
As commercial property values fall by less than expected during the last year, Ian is joined by Grosvenor's Chief Executive, Mark Preston. Plus, Premier Inn owner Whitbread looks to expand hotel business, and HSBC's chief executive resigns after nearly five years in the role.
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Profit warnings, motor insurance rises and the mental health of CEOs
Ian King discusses profit warnings - as nearly one in five UK listed companies have issued one in the last year. He's also talking about the average cost of comprehensive motor insurance as it's risen by a third over the past year. And a mental health clinic which specialises in the treatment of businesspeople say it's seen a spike in referrals of CEOs.
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Defence, NatWest and cannabis
On today's episode of the Ian King Business podcast, the founder of Argonaut Capital, Barry Norris, discusses what Rishi Sunak's planned increase in defence spending will mean for the industry.
NatWest's become the latest bank to report a sharp drop in profits.
And this week saw one of the biggest deals yet in the cannabis sector, when Curaleaf Holdings completed its takeover of smaller rival Northern Green Canada.
Ian speaks to Curaleaf's chief executive. -
Tesla, Ryanair and Lloyds
On today's episode, Ian King reveals Tesla's plans to introduce new vehicle models before the second half of next year as Elon Musk's company reports a dip in sales and net profits.
He gets reaction from Daniel Ives, Managing Director at Wedbush Securities.
Lloyds Banking Group also reports a dip in profits.
Plus, Ryanair's chief executive Michael O'Leary announces plans to boost traffic. -
Primark, Borrowing and FTSE highs
Associated British Foods, the parent company of Primark, has reported pre-tax half-year profits jumped 37% in the six months to March. On today's episode, Ian King looks at what that's done for its share price.
Meanwhile, he digs into the markets after a record-high FTSE close of 8,023.
Plus, a blow for the chancellor after government borrowing came in higher than forecast. -
Asda growth dips and Thames Water invests
On today's episode of the Ian King Business Podcast, Asda's chief financial officer Michael Gleeson responds to a 2.2% like-for-like sales growth - a slow-down of the 2.8% reported in the previous quarter.
Underlying profts rose, though.
Thames Water's promised to invest £1.1 billion in its network over the next five years.
Plus EY share their new spring forecast.