Breakfast is big business in the UK too. Research shows Brits are increasingly grabbing their first meal of the day out of the house.

In the eight years since 2008, we've eaten breakfast out an extra 107 million times, while lunch has lost 80 million visits, according to market information group NPD.

And, the group calculates, we're forking out more too, spending an average £3.30 on breakfast - an increase of 31%. By contrast, our lunch bills have risen by just 6.5%. 

Nothing says breakfast like the Full English, and, according to YouGov, the most popular ingredient on the plate is bacon... 

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When McDonald's launched its all-day breakfast in the US in October 2015, it was an instant hit, bringing more customers into its restaurants and galvanising sales. 

Over a year later, and it's struggled to replicate that success. US sales declined 1.3% in the final three months of 2016, hurt in part by the high bar set by the debut of the all-day breakfast. 

Still, the decline in the US was less than analysts had expected, and was somewhat offset by a 2.7% rise in global sales.

Ole Hansen head of commodities at Saxo Bank says the market is expecting oil prices to rise, or, in trader speak, is making bullish bets. 

Brent crude, the international benchmark, is trading at $55 a barrel - where it's largely been since Opec announced a historic deal at the end of November to cut supply.

Business Secretary Greg Clark says he wants to drive industrial growth across all parts of the country. 

However, his opposite number at Labour, Clive Lewis, says the government's strategy is "too little too late".

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British oil giant Shell became the world's biggest dividend payer last year, handing out £11.1bn to investors.

The FTSE 100's largest company gave more in payouts than the entire UK mid-cap index combined, according to financial outsourcing firm Capita.

The main reason for the rise? The slide in the value of sterling made Shell's dividends, which are paid in dollars, more expensive.

Overall, UK dividends were up 6.6% compared with a year ago to almost £85bn, largely due to the pound's fall, Capita said.

BBC Business Live

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Returning to the baby theme from earlier, Business Live heard from Piccolo, a UK start-up selling baby food based on the "Mediterranean diet".

Its big sellers include a mango, kale and yogurt puree; as well as an all-vegetable blend of "leek, pea, courgette with a hint of olive oil".

Baby food is big business - it was worth an estimated $53bn, external in 2015. 

Cat Gazzoli, founder and chief executive of Piccolo, conceded it's a crowded market, but said her firm was "pushing up style and flavour". 

Image source, Reuters

There have been plenty of warm words from business today towards the prime minister's industrial strategy. But there have been warnings too.

Here's one from the Royal Institution of Chartered Surveyors, a major voice in the construction industry.

Image source, Reuters

The Bank of England has published new research, external looking at the financial risks of climate change. 

It explores the argument, put forward by Bank of England governor Mark Carney last year, external, that companies with big carbon footprints need to declare their exposure to global warming risks so that markets can correctly evaluate the risks and invest accordingly.

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The FTSE 100 has clawed back some ground in late morning trade.

The leading index of blue chip shares is down 37 points to 7,162, an improvement on earlier when it hit its lowest point for the year.

Despite falls in the dollar, miners and commodities traders who report in the US currency made up the majority of the top risers. 

Antofagasta shares increased 3.61% to 789.5p, Fresnillo grew 3.14% to £14.46 and Anglo American gained 2.37% to £13.20.

Bookmaker Paddy Power Betfair's shares tumbled 2.59% to £84.50 after it blamed a run of "customer-friendly" results.

Image source, 10x

Finally a solution for commuters too rude - or too dopey - to realise that someone else needs their seat.

A new app called Babee on Board is launching today to help pregnant women find a seat on public transport.

It's a nifty download that acts like a kind of walkie-talkie but it is not for mucking around with...

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Chris Cook, policy editor of BBC's Newsnight, has a few fascinating insights on Theresa May's industrial strategy. 

"...I’m struck by the list of industries where the government is looking at 'sector deals' already: three of the five are pharma, car-makers and the creative industries – all big cheeses already. This cuts to the quick of industrial policy: do you support existing players or potential ones? The risk of any industrial strategy - overt or not - is cronyism."

He adds: "...there is a Brexit issue here. Pharma and car-makers are lucrative but they are both heavily regulated around the world. Both are vulnerable as we leave the EU to the prospect that a British stamp of regulatory approval won’t mark them as safe abroad, as they are now in Europe."

Read his thoughts here on Facebook, external.

BBC personal finance correspondent Simon Gompertz explains what caused the Lloyds online baking site to crash for some users earlier this month:

After the 12 point Brexit plan, here are the government's 10 pillars for building Britain's industrial strategy.

Image source, Reuters

The government's plans should look to ensure industry reduces, reuses and recycles valuable resources, according to the WWF.

The panda-branded charity also called on the government to stick to its climate change targets.

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Sainsbury's issued a warning to its chairman, David Tyler, after he used supermarket staff and suppliers to revamp his country home.

The Guardian reports that Mr Tyler, chairman of Sainsbury's since 2009, used employees as well as a number of suppliers to the supermarket, including a building contractor, to help with the development and installation of an underfloor heating system at his barn conversion in East Sussex. 

Mr Tyler contacted Sainsbury’s company secretary Tim Fallowfield to arrange to compensate the company for its employees’ time.

Mr Tyler, who was paid £496,000 by Sainsbury's last year, was handed a warning letter by the board. He also donated £5,000 to charity. 

Sainsbury's said in a statement: "This is a historical issue dating back to 2013. The chairman volunteered the information and the board conducted a thorough investigation in line with company policy, as they would with any other colleague in the same circumstances.

"As a result of the investigation, the chairman was given a warning but the board concluded that his failure to comply with company policy was unintentional, that he did not act dishonestly and made no financial gain."  

Image source, Thinkstock

The Liberal Democrats think the government's industrial strategy will be undermined by its plans to leave the EU's single market. The party's business spokesman Don Foster says:

Victoria Derbyshire

Kate Hills, chief executive of Make it British, tells the Victoria Derbyshire Show that anything the government can do to draw attention to manufacturing, rather than services, will help the economy.

There is already an appetite for British manufacturing - in recent years she has seen a "huge increase" from companies looking to bring back production to the UK.

Elizabeth Varley, CEO of TechHub, says the government has helped to "shine a light" on UK tech firms. Further support is needed, though, to attract more women and workers from ethnic backgrounds into the tech sector, she adds. 

Image source, Reuters

Trading in China has closed and the markets there have ended the day slightly higher. The Shanghai Composite finished up 13.64 points at 3,136.77, while in Hong Kong the Hang Seng index edged up 12.61 points to 22,898.52.

As mentioned earlier, in Japan the Nikkei index closed down 1.3% as shares in exporting companies were hit by the strengthening of the yen against the dollar.

On Friday, Theresa May will become the first leader to meet America's new president, Donald Trump. Trade will obviously be the key topic of discussion but what of the president's other economic promises? 

Ahead of its publication later, George Freeman, a Conservative MP who chairs the prime minister's policy board, has tweeted some of the industrial strategy's highlights: