Summary

  • Fed hints at rate rise 'fairly soon'

  • Lloyds posts best profits for 10 years

  • UK economy grows faster than initially thought

  • Airbus sees costs rise on troubled A400M project

  • Get in touch: bizlivepage@bbc.co.uk

  1. 'Bad is good'published at 06:02

    BBC Radio 5 live

    Private equity firm Endless specialises in helping to turn around struggling businesses. And business has been pretty good lately. 

    Matthew Deering, a partner at the firm, has been on Wake up to Money. "There's definitely been an uptick at the distressed end," he says. In other words, more firms are getting in to trouble. 

    He says that net importers have been particularly vulnerable due to the fall in the value of sterling. The food and drink, and packaging sectors, are suffering, he says. "Currency impacts are difficult to plan for, and that is what catches many businesses out."

    There's a saying in his industry: "Bad is good".

  2. Postpublished at 06:00

    Good morning. Welcome to another business live page. Profit numbers from Lloyds Banking Group are out in an hour. Analysts say these should be a little more positive than the HSBC numbers on Tuesday. There are also figures from UK housebuilding giant Barratt and planemaker Airbus Group. And a little later we'll have some ONS stats, including revised figures for fourth-quarter GDP and data on business investment. Could be a busy day.