Australia and New Zealand Banking Group has said it has suspended seven traders amid a regulatory investigation over fixing of the benchmark interbank interest rates. The bank is co-operating with the Australian Securities and Investment Commission (ASIC) to uncover any misconduct in rate setting by banks.

Radio 5 live

"A tie allows a small businessman with £20,000 to run their own business," says Brigid Simmonds, chief executive of the British Beer & Pub Association on Wake Up to Money. Big brewers now have distribution agreements with the smaller brewers consumers like, meaning there is choice available, she says. How many landlords fail, asks presenter Mickey Clark? If you don't have the right skills you will probably fail, she says.

Radio 5 live

Wake Up to Money are talking about the difficult job of pub landlording. Glyn in Wales was a tied pub landlord and rates hit his business hard, meaning he had to leave. What do you make of business rates? Let us know at bizlivepage@bbc.co.uk or on twitter @BBCBusiness, external.

Image source, AP

The government has been defeated in a Commons vote on the control that parent companies can exercise over pubs. MPs voted 284 to 259 in favour of an amendment allowing landlords an independent rent review and to buy their beer on the open market. So-called "tied pubs" are required to buy supplies - often at high prices - from the companies that own the pubs.

Howard Mustoe
Business reporter

Good morning! Lots of hot topics being discussed today like tied pub landlording. Get in touch via email bizlivepage@bbc.co.uk and on twitter @BBCBusiness, external

Matthew West
Business Reporter

Morning folks. We've got quite a bit of earnings data from the Office of National Statistics coming up later, as well as the Bank of England minutes. But before all that, Royal Mail publish their half year earnings. Stay with us.