Interserve's share price plummeted by 59.18% to 10p after the company announced at the weekend that it was in talks to restructure its debt pile.

The public services outsourcing group re-issued a statement which said it was "making good progress" on a long-term recovery plan.

Details of the plan are expected to be announced next week.

The European Court of Justice has ruled that the UK can unilaterally revoke Brexit.

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Today's script has played out exactly as predicted.

First Carlos Ghosn, Greg Kelly and Nissan Motor Corporation were formally indicted with making mis-statements in Nissan's annual security reports over a five-year period from 2011 to 2015.

Mr Ghosn and Mr Kelly were then immediately served with fresh arrest warrants - alleging they did the same thing from 2016 to 2018.

That will allow prosecutors to continue holding and interrogating the two men until 30 December.

Nothing has been heard directly from Mr Ghosn since his detention on 19 November.

But through his lawyer he has said he is innocent and that he intends to fight the charges.

Mr Ghosn's defence team says the accusations against him are invalid because they do not relate to his salary - but to future payments that Mr Ghosn was expected to receive after he retires.

The FTSE 100 has opened down 0.25% at 6,761.24.

The FTSE 250 is also lower, off 0.36% at 17,779.97.

Nissan has issued a statement regarding the charges against the company, former chairman Carlos Ghosn and ex-director Greg Kelly.

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Softbank has priced the initial public offering of its Japanese telecom business at 1,500 yen per share, raising 2.65 trillion yen (£18.45bn).

Shares in the business will begin trading on 19 December.

Today Programme
BBC Radio 4

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Historically, nine recessions in the US have been precipated by an inverted yield curve, which is a comparison of the return on different bonds of equal credit quality over time.

Most commonly, the yield curve is built by comparing yields on short-term and long-term US Treasury yields, and markets are getting worried by the fact the curve has flattened recently.

Laura Foll, fund manager at Janus Henderson Investors, says the bond market thinks a recession is coming.

"The cost of borrowing is higher the longer it is. At the moment, the yield curve in the US verging on inverting. If it does invert, it means investors think interest rates need to fall in the next few years. That normally means recession," she told Today.

However, she cautioned that the yield curve wasn't quite there yet - it is still 0.1% away from inverting.

Today Programme
BBC Radio 4

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Jesper Koll, head of Japan at the fund manager WisdomTree, feels that Japanese prosecutors will take a tough line on former Nissan chairman Carlos Ghosn, who has been charged with financial misconduct for under-reporting his salary and using company assets for personal use.

"The Tokyo public prosecutor [is] going after him because it appears Mr Ghosn did enrich himself, and enriching yourself is not tolerated in Japan," he told Today.

Mr Koll finds it hard to believe Mr Ghosn's defence that his pay was deferred, because the expense has to be booked by the company in its filings in the year the decision is made to make the payment, even if it is deferred.

He also thinks Nissan might have known about it.

"CEO compensation is one of the most serious board measures and it's very likely that the entire board knew about it," he said.

Image source, Getty Images

Talk about poking the bear.

Elon Musk, boss of the electric car maker Tesla, told US news programme 60 Minutes: "I want to be clear. I do not respect the SEC - I do not respect them."

It isn't the first time the tweet-happy Mr Musk has taken aim at SEC.

In September, the Securities and Exchange Commission (SEC) fined Mr Musk $20m and forced him to step down as chairman to settle charges of securities fraud after he tweeted that he planned to take the company private.

In the interview, Mr Musk said that that no-one is pre-approving his tweets.

"The only tweets that would have to be, say, reviewed would be if a tweet had a probability of causing a movement in the stock," he said. "Otherwise it's 'Hello, First Amendment'."

BBC Radio 5 live

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Investors will get their chance this morning to react to Ted Baker's announcement on Friday afternoon that its founder and chief executive, Ray Kelvin, is taking a leave of absence while the retailer investigates claims of harassment.

Laura Foll, a fund manager Janus Henderson Investors, says that having a key person such as this in a company is a big risk.

"I think there is a heightened risk for companies like this where you've got the founder who is still the chief executive and he still owns 35% of the company.

"So compared to a traditional listed company, with a chief executive who wasn't the founder and therefore isn't so integrated with the company, there is a much greater level of 'key man' risk.

"And you've seen this with a few companies. You saw it with WPP and now you're seeing it with Ted Baker."

Image source, Reuters

Stock markets across Asia fell on Monday.

The Hang Seng is down 1.36% at 25,708.88 while the Nikkei is off 2.12% at 21,219.50.

The Shanghai Composite Index is down 0.6%.

Soichiro Monji, senior economist at Daiwa SB Investments, says: "The biggest concerns for equity markets currently is theUS-China trade conflict and the Huawei incident.

"The trade theme will preoccupy the markets through the 90-day truce period between the US and China, waiting for any signs of concession between the parties."

Today Programme
BBC Radio 4

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Interserve might be the latest major UK public sector contractor to hit the buffers but Applied Value analyst Stephen Rawlinson doesn't think the Government will end outsourcing any time soon.

"They've said they're going to end private finance initiatives, but they haven't said what they're going to do instead. So all of the schools, roads and hospitals built over the last 20 years at such a pace and benefit to the public [rely on them]," he told BBC Radio 4's Today programme.

"I can't see us going back to a situation where the public sector provides these services, simply because the private sector has brought certainty, innovation, accountability and investment, and these were sadly lacking 20-30 years ago."

BBC Radio 5 live

At 9.30am, the Office for National Statistics will publish its latest figures for UK GDP growth for the three months to October.

Laura Foll, a fund manager Janus Henderson Investors, tells Wake Up to Money: "It will show a slight slowdown from what happened in September because [those] figures caught the summer and the summer looked quite good because of the World Cup, people going out and spending."

She says: "They recent business and consumer confidence figures looked quite weak. Retail footfall looks quite weak so I think we should expect a slight slowdown."

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The pound has started the week 0.15% higher against the dollar at $1.2751.

With the Brexit vote coming up on Tuesday, it could be a volatile few days for sterling.

Meanwhile, it is 0.19% lower against the euro at €1.1149.

BBC Radio 5 live

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So, why the poor footfall figures for November? Are people skint?

Springboard's Diane Wehrle, tells Wake Up to Money: "While wage inflation is now outstripping price inflation, it didn't do that for over a year and during that period, people had to fund their spending and their household budgets and they did that through debt mainly or lack of savings.

"The level of credit card debt is very, very high and it is only now that the personal debt has started to lessen. So people are really strapped for cash."

Local Japanese media is reporting that ex-Nissan boss Carlos Ghosn has been served with an additional arrest warrant for for allegedly understating his remuneration by a further 4 billion yen.

BBC Radio 5 live

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People might be shopping for Christmas - there are only 14 more days to go - but they may not be doing it on the High Street, according to dismal figures from Springboard, which show footfall dropped by 3.2% in November.

Diane Wehrle, its marketing and insights director, says: "These figures are the worst footfall figures that Springboard has recorded since the recession and we're not actually in recession.

"It's clear that something significant is happening out there in consumer demand. It has really railed back this year."

Image source, Getty Images

Japanese prosecutors have indicted Nissan's former boss, Carlos Ghosn and ex-director Greg Kelly, according to reports.

Mr Ghosn allegedly under-reported his pay.

Japanese news agency Kyodo also says that Nissan is set to be charged for breaching the country's financial instruments and exchange law.

Welcome to Business Live and the start of key week for the Government - MPs will vote on Prime Minister Theresa May's EU withdrawal plan on Tuesday.

Before that, there is plenty to watch out for...and it's not all great news for the Government.

Interserve, one of the UK's largest providers of public services, is seeking a rescue deal to restructure its enormous debt pile.

Meanwhile, the Financial Times reports, external that Crossrail, the 70-mile London rail line will ask for an additional £1bn.

Huawei's finance chief Meng Wanzhou is back in court in Canada on a bail hearing.

As always, we'd love to hear from you. Email Business Live at bizlivepage@bbc.co.uk