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On Friday's Programme

On Tuesday this week the price of Brent Crude soared by more than two dollars a barrel in the space of just an hour, reaching $73 dollars and 50 cents, its highest price for the year. Contracts for more than sixteen million barrels of oil changed hands which is thirty-two times the normal level and equivalent to double the daily production of Saudi Arabia. Nick McGregor, oil analyst from Redmayne Bentley, explains how someone would go about making a substantial move in the oil price.


Also on the programme:


Home Buy
You pay knock down rent on your home, save a deposit with the money you save and buy the property a few years down the line. That's what the government's ‘Rent to Homebuy programme’ wants people to do. Since the scheme was launched a year ago however no one's actually bought the home they're renting. We ask Sarah Webb, chief executive of the Chartered Institute of Housing, why no one has bought yet.


Car Industry
The Vauxhall saga rumbles on, with the future of the Luton based van making plant still uncertain. Later today, the Business Secretary Lord Mandelson, will meet with staff and unions in Luton. He'll be updating them on the progress with bidders for Vauxhall's parent firm GM Europe. Rob Weir, a senior Unite union representative, tells us what the atmosphere is like amongst workers at Luton.


Female Apprenticeship
Only one percent of manual workers in construction are women but now one group of females is looking to close the gender gap by doing an apprenticeship with the Astins Institute in Battersea, south London. We ask Dominic Tutt, managing director of Astins, why he has decided to set up this apprenticeship scheme with only women.