The Ian King Business Podcast

The Ian King Business Podcast

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.

Episodes

April 29, 2024 15 mins
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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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 Cura...
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April 24, 2024 22 mins
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.
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April 23, 2024 20 mins
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.
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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.
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How have the markets reacted to Israel's attack on Iran? Ian's joined by Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown to assess the impact.

He's also chatting to the boss of Dutch telecoms firm KPN, which has launched a major campaign against the sending of unsolicited sexual images.
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April 18, 2024 17 mins
The average cost of car insurance in the UK is now more than £900 according to one comparison website - that up 43% over the space of one year. Ian's joined by Steve Dukes, Chief Executive of Confused.com to discuss what it means for premiums and payouts.

Music investment company Hipgnosis has agreed to a 1-point-1 billion pound takeover by Alchemy Copyrights. The fund owns 138 catalogues with more than 40,000 songs by artists inclu...
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April 17, 2024 16 mins
As inflation drops to a two-and-a-half year low, Ian discusses what it could mean for interest rates with Kathleen Brooks, research director at XTB.

He's also joined by Kriti Sharma, chief product officer of legal tech at Thomson Reuters - which is launching a new generative AI assistant for the legal profession.

And warnings of the risks of so called "forever chemicals" have led to a surge in demand a new non stick kitchen pan that'...
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April 16, 2024 26 mins
As wages continue to rise more rapidly than expected Ian's joined by James Reed, chairman of the employment agency, Reed Group to discuss how hopes of an imminent cut in interest rates have been dampened.

Erin Platts from HSBC Innovation Banking tells Ian that UK start-ups raised less money from venture capital during the first three months of this year than in any quarter since the early days of the pandemic.

And Jonathan Satchell, ...
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April 15, 2024 18 mins
Global oil prices dipped slightly this morning despite rising tensions in the Middle East. Ian's joined by Henry Allen, macro strategist at Deutsche Bank to discuss what it means and the likely impact.

International motor dealer Inchcape has sold its UK retail operations for £346 million to the US motor dealer Group 1 Automotive.

Plus, as more of us look to decarbonise our homes, Ian speaks to residential energy services company Home...
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April 12, 2024 15 mins

Newly released figures suggest the UK will be out of its technical recession early this year, following two quarters in a row of negative growth in late 2023.

Ian discusses the latest ONS figures with Victoria Clarke, chief UK economist at Santander Corporate and Investment Banking.

The financial regulator's written to providers of motor finance reminding them they must maintain adequate financial resources. It's carrying out a revie...
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April 11, 2024 18 mins
As global satellite giant Viasat opens its new international headquarters in London, Ian King is joined by the company's President Guru Gowrappan.

Britain's night time economy has struggled to recover since the pandemic but one entrepreneur is betting on its revival. Mexican-Japanese restaurant brand Los Mochis will tonight open a 14,000 square foot site at Broadgate Circle in London. Ian speaks to its founder Markus Thesleff.

Plus M...
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April 10, 2024 18 mins
On today's show Tesco reports a sharp rise in annual profits. It posted an adjusted operating profit of £2.83 billion for the year to the end of February - up 11% on the previous year.  

Ian King speaks to Andrew Gossage, chief executive of homewares supplier Ultimate Products about shipping costs in light of recent attacks in the Red Sea from Houthi militants.  

Plus, British parking app JustPark is to launch in the United States an...
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April 9, 2024 10 mins
On today's episode Ian chats with Bo Sears from US-based company Helix Exploration about the value of Helium. 
Also on the show is Andrew Gossage from Ultimate Products after they reported pre-tax profit of £9.5 million for the six months to the end of January. 
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April 8, 2024 23 mins
On today’s episode, Ian King talks to the Business editor at the Sun Ashley Armstrong about the news that the John Lewis Partnership has appointed former Tesco chief executive Jason Tarry as its next chairman. 

Also, Ian speaks with Marco Alvera from Tree Energy Solutions about new investments in Electric Natural gas which could help speed up a transition towards net zero. 

And William Lamb from Lucara Diamond joins the show to talk ...
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Ian King's been speaking in detail with Thames Water's chief executive Chris Weston about the company's financial status, after shareholders refused to inject new funds into the company.

Jo Boydell, CEO of Travelodge, discusses their record annual sales which topped 1 billion pounds.

And Lloyd's of London has also reported strong results - Ian talks to chief executive, John Neal.

Plus there's a roundup of the markets with Rachel Winte...
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Ian King speaks to Hann-Ju Ho, senior economist at Lloyds Bank Commercial Banking about rising UK business confidence.

Cecilia Parker Aranha, the CMA's Director of Consumer Protection, talks about a crackdown on so-called 'greenwashing' by major fashion retailers.

And could 2024 be the year more European companies come to the market? Ian's discussing that with Jos Dijsselhof, chief executive of SIX Group, owner of the Swiss and Madri...
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Peter Aylott, Director of Policy at the UK's Chamber of Shipping talks to Ian King about the bridge collapse in Baltimore - caused by a ship colliding with the structure.

David MacKenzie,from engineering and architecture consultancy, COWIfonden also talks about issues for the construction industry surrounding that incident.

And, Ken Gilmartin, Chief Executive of Wood Group joins Ian to discuss the company's efficiency plans for the f...
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Ian King speaks to Rishi Khosla, the chief executive of challenger bank OakNorth about its rise in profits.

Jay Wright, the CEO of Virgin Wines, talks about their strong earnings.

While global resorts giant Merlin Entertainments reports record sales - we hear from chief executive Scott O'Neil.

And with a roundup of the markets is Russ Mould, Investment Director at AJ Bell.

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March 22, 2024 20 mins
The latest on the Post Office as the chairman of the Land Registry Neil Sachdev is reportedly being considered as a potential replacement for Henry Staunton.
Ian's also joined by the boss of pub chain J.D Wetherspoon Tim Martin after announcing an increase in pre-tax profits and an increase in like-for-like sales. 
And hear from James Ryan from Grove Gallery who are hoping to attract art buyers and investors at this years Ideal Home ...
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