That's it for another day on Business Live. It's been a day dominated by news from the CBI conference, but also the hike in the oil price. Plus we've had the news that Michael Sherwood, one of the UK's highest-paid investment bankers is to retire as joint head of the European arm of Goldman Sachs.
Thank you for staying with us.
Do join us tomorrow if you can for the latest news, reaction and analysis from the world of business.