GDP, Motor finance and BP

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.