On today's episode, hear the latest news on Tata Steel which has confirmed it plans to close blast furnaces at its plant in Port Talbot, South Wales - with 2,800 people losing their jobs.

Ian also looks at the latest retail sales for December which showed a 3.2% drop.

And hear from the boss of British Gas as the chief executive of Centrica, Chris O'Shea, is on the show to talk about what to expect from our energy bills this year.