Share Radio Breakfast

The European Commission has fined Credit Agricole, HSBC and JP Morgan Chase a total of 485 million euros ($520 million) for their alleged participation in a cartel to manipulate the price of the Euribor financial benchmark. The Commission said on Wednesday they were part of a seven-bank cartel that colluded between September 2005 and May 2008 to distort the Euribor interest rate which was set using quotes submitted by a panel of banks and is widely used in international money markets. Ben Kumar, Investment Manager at Seven Investment Management, joined Share Radio to discuss.

Scott Maybury, CEO of Private & Commercial Finance Group, joined Share Radio to discuss their last interim results. The group's profit before tax is up 38% to £4.0 million compared to £2.9 million in 2015 for the 18 months ended 30 September 2016. The company has also been successful on its application to become a bank, making it one of the only listed companies to go through the deposit taking license application process successfully.

Josh Lowe, Reporter at Newsweek, joined Share Radio to talk on the latest political news.

Vicky Brock, CEO of industry consultant Clear Returns, joined Share Radio to talk about UK retailers being asked to brace themselves for a surge of returned goods, as shoppers regret their Black Friday purchases.

John Hardy, Head of FX Strategy at Saxo Bank, joined Share Radio to talk on the latest currency market news.

MPs have voted to back the government's timetable to trigger Article 50 of the Lisbon Treaty and formally start the withdrawal from the European Union by the end of March 2017 by a majority of 461 votes to 89. Meanwhile, the Supreme Court appeal on whether the Government can start Brexit by means of the royal prerogative alone has reached its final day. To discuss this, Professor Ian Cram, Constitutional Law Expert from Leeds University, joined Share Radio.

China's foreign exchange reserves fell far more than expected in November to the lowest level in nearly six years, as authorities struggled to stem capital outflows and shore up a sliding currency. And yet China has just reported pretty upbeat trade figures, with exports and imports both beating forecasts. David Kuo, CEO of the Motley Fool in Singapore, joined Share Radio to discuss China trade data.

Economists are warning that Brexit and the election of Donald Trump could cause a return to 70s style inflation. But if inflation is so bad why did central banks spend the past few years trying to get it to occur? Robert Van Egghen reports on whether we are headed back to the future.

Russell Quirk, CEO of eMoov, joined Share Radio Breakfast to offer immediate reaction to Halifax's latest House Price Index. The findings reveal that confidence in the UK housing market has fallen to its lowest point in three years, yet the majority still expect house prices to go up. So, what to make of the numbers, and how relevant is the index? Russell explains.

Dan Hodges, Political commentator at the Mail on Sunday, joined Share Radio Breakfast to give his weekly politics round-up. Dan gives a timetable for Brexit, and looks at how the Supreme Court case will affect proceedings.