BP has reported one of the largest losses in British corporate history but our panel still detect some reasons to be cheerful about the company.
With a new chief executive and its shares arguably undervalued, the worst could be over.
Larry Elliott, Jill Treanor and Brendan McSweeney also turn their attention to the prospects of Britain's banks.
They all sailed through last week's "stress tests" so are things looking up for the UK's financial sector?
And with better than expected growth figures reported last week, is the British economy bouncing back?
We also hear from economist Paul Seabright on the new edition of his highly acclaimed book The Company of Strangers.
Plus: our panel picks its recommendations for your summer reading.
The Business podcast returns in September.
