The Ian King Business Podcast

Ian King looks at news that Europe's biggest company, Novo Nordisk, is once again raising its sales and profits forecasts for the year. John Reade, the chief market strategist of the World Gold Council joins Ian to discuss why demand for gold has has enjoyed its best start to a year since 2016 . And Pandora's chief executive Alexander Lacik speaks to Ian after the world's largest jewellery producer said sales will be better than expected this year.

Ian King discusses Nationwide's figures showing a surprise fall in UK house prices, down for the second month running. He's also talking to a company that's installed its first Electric Vehicle charge point powered from a street cabinet. And Ian speaks to the founder of a new platform that claims to give retailers a better deal when it comes to advertising

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.

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.

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.

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.

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.

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.

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.

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 including Blondie and Red Hot Chili Peppers. And Security giant Cisco is teaming up with the design team at McLaren F1 on building and upgrading their cars - hear from Jeetu Patel, Cisco's Executive Vice President and General Manager.

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's made without them. Shiza Shahid, co-founder of Our Place - the company behind the product - explains why.

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, CEO of Learning Technologies Group talks to Ian about ensuring that employers get the best out of their workforce.

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 Hometree Group as it takes on market leaders Homeserve and British Gas. The company's chief executive Simon Phelan explains their ambitions.

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 review of discretionary commission agreements on car loans - a practice banned in 2021. Plus the state-owned oil company of Abu Dhabi has reportedly looked at BP as a possible takeover target.

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 Mimo - a financial management software company - says it's raised more than £15 million to support its launch. Henrik Grim, co-founder and chief executive of the company explains what they hope to achieve.

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 and Canada after merging with a leading US provider. The app's founder Anthony Eskinazi, explains the significance of the deal.

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.

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 about why diamond prices have taken a hit.

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 Winter, Partner at Killik & Co.

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 Madrid stock exchanges.