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Summary

  1. Get in touch: bizlivepage@bbc.co.uk
  2. UK inflation steady at 2.3% in March
  3. Toshiba warns that the company is at risk
  4. JD Sports defends working conditions

Live Reporting

By Dearbail Jordan

All times stated are UK

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  1. Toshiba's woes cloud UK nuclear plans

    Today Programme

    BBC Radio 4

    The troubles at Japan's Toshiba have a knock-on effect for the UK's plan to build nuclear power stations.

    Westinghouse, owned by Toshinba, is due to build three reactors at Moorside in Cumbria. 

    However, Toshiba has put Westinghouse into administration, so what happens to those plans?

    "It depends whether anyone can be found to buy Westinghouse,"  says Stephen Thomas, a professor of energy policy at the University of Greenwich.

    He says "it's not clear" if there are any potential buyers, with the Chinese and South Koreans showing little interest.

  2. Supermarket suppliers underpaid over disputed deliveries

    BBC Radio 5 live

    Wake Up To Money has learned that suppliers are being underpaid millions of pounds every year because some of the UK's biggest retailers are claiming they only receive part of an order and deduct part of the invoice payment as a result.

    That's the conclusion of the Groceries Code Adjudicator.

    In particular, the issue affects chilled items like yoghurts, juices and cheese. 

    Jonathan Kittow from Simply Supply Chains explains that lorries are unloaded and driven away before anyone can check what's actually been delivered. Meanwhile supermarket staff have to open thousands of cases in a couple of hours, so errors do get made, he says.

    Wake Up To Money listeners write in and say that hauliers often end up getting blamed.

  3. Inflation making life difficult for businesses

    BBC Radio 5 live

    We'll get the latest UK inflation figures a little later this morning. In February inflation surged to 2.3%.

    Economists expect March CPI to remain around that level.

    Mark Selby, co-founder of the restaurant chain Wahaca is seeing his costs rise rapidly: "Rates are up 40%, rents are going up in some places by 120%."

    "We don't feel confident enough to increase prices as much as we should increase prices to match all of these things, which is hard," he tells Wake Up To Money.

  4. Toshiba shares slump ahead of results

    Leisha Chi

    Business reporter in Singapore

    Toshiba logo

    Toshiba shares are down almost 2% ahead of their long-overdue earnings announcement.

    That's despite reports Taiwan's Foxconn may bid a hefty $27bn for its valuable memory chip unit. 

    The Japanese conglomerate has lost a huge chunk of its market value since admitting to its financial problems last year, and there is speculation it could get delisted from the Tokyo stock exchange. 

    Toshiba is expected to hold a press conference later today.

  5. Good morning!

    Ben Morris

    Business reporter

    Welcome to Tuesday's Business Live page.

    Watch out for UK inflation figures at 09:30.

    Purveyor of trainers, JD Sports reports results at 07:00 and the chief executive is due to speak to BBC 5 live later.

    Troubled Japanese firm Toshiba is also due to report results, which have been delayed as the firm reels from giant losses at its US nuclear business.