Old Rules; new rules

Apple opens pre-orders for its iPhone Duo and announces a move into the smart home tech market. But will the company's new direction bear fruit? Also, as the Environment Agency declares severe drought for areas of southern England, we speak to a farmer about what continuing water shortages mean for his business. And we find out what's behind the slump in AI stock and all the week's business stories with our regular panel of experts.

Sean Farrington finds out what the consequences of dropping oil flows though the Strait of Hormuz are, after an increase in attacks on shipping.As the real Living Wage increases, we'll hear why business should pay it from the group that comes up with the figure as well as the business who say they'd love to pay it, but can't.And, London's oldest restaurant - Rules - has a new landlord: the National Trust. We'll find out what that means for one of Covent Garden's institutions.

Sean Farrington looks at English football after the regulator says clubs are existing on a financial cliff-edge.Elsewhere, the steel industry calls on the government to relax import tariffs and quotas as they're facing huge bills for buying specialist products form overseas.And, as Winnie the Pooh turns 100 - we'll look at what has made Hundred Acre Wood's most famous resident such a strong IP.

Sean Farrington delves into the latest IMF outlook for the UK economy which says growth is set to be higher than previously expected this year,Elsewhere, just hours after yesterday's interview with Brad Smith, the UK's AI minister Kanishka Naryan confirmed the UK will now be able to test leading artificial intelligence models before they are released to the public - we'll find out what that means in practice.And - what makes a film flop? We'll look at Digger - the new Tom Cruise film - is tipped to be one of the biggest loss making films of all time.

Will Bain examines the financial predicament facing the chancellor ahead of the budgetAnd "AI is moving forward faster than the speed of safety" - so says the President of Microsoft, Brad Smith .. we'll find out why he thinks the UK is best placed to deal with the challengeElsewhere, we'll look at the latest view of the markets ahead of an important data release from the government later this week.As the EU and China make a deal to reduce imports of electric cars into the trading bloc, Will looks at what means from the boss of Europe's biggest carmakers

Felicity Hannah looks at the week's biggest business stories with her expert panel. We'll also hear from the body that represents independent musicians about what the impact of AI could be on the creative industries. As the price of oil rises once again, we'll see what that means for markets and find out why questions are asked about Open AI's projected profits.And, we'll hear from the boss of the UK's biggest bingo chain about the difficulty businesses like theirs are facing.

The London Stock Exchange boss tells us that gloom has had an impact on London listings. Dame Julia Hoggett also names supplements maker Applied Nutrition as one of the bourse's recent success stories. Will Bain gets the reaction of founder Tom Ryder. Elsewhere, the International Energy Agency agrees to accelerate the release of barrels of oil, but doesn't expand plans announced in the Spring. Also Boots is is sold for nearly £7 billion. And, as hundreds of new hardbacks hit the shelves ahead of the Christmas shopping season, we find out why 'Super Thursday' is getting a bit less super.

Sean Farrington shares the latest developments on the apparent cyber attack on ASOS, we find out how the retailer may respond.Also we learn about the new all-electric era that's arrived for Jaguar and what it means for the carmaker.Elsewhere why the new Sense & Sensibility is the latest period drama driving more of us to the historic properties used as filming locations.

Sean Farrington speaks to the owners of Wakefield Trinity after it became the unlikely club to win the Rugby Super League title - we hear how it's turned its fate around.We also hear what the boss of BT had to say on its takeover of TalkTalk.And Sean will be joined by the founder of the Yoto audio player who tell us why revenues are up.Elsewhere Spain has called a snap general election a year earlier than intended, we'll hear about the housing crisis that's caused it.

Will Bain finds out more about the fate of one of the UK's biggest broadcast providers Talk Talk as BT appears set to rescue the company. We'll take a look at what that might mean for customers, and the other bidders throwing their hat in the ring.As the budget edges closer, we hear from the defence sector about what it wants from the Chancellor.And will the price of diesel continue to rise after it hit record highs last week?Elsewhere we find out just how open people are with friends and family when it comes to their salaries.