The Panel with Irene Gardiner and Michael Deaker (Part 2)

Topics - The popular fad of paying dearly for a fancy cupcake might be fading at last, according to the Wall Street Journal. The Labour Party is proposing to set up a single buyer of electricity to help bring down the cost of power for households and businesses. Commodity prices have been falling since September, culminating in a rout over the past two weeks. That is a classic warning for the global economy, according to the Telegraph's economics writer, Ambrose Evans-Pritchard.