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Is the outsourcing industry the only winner when it comes to government austerity cuts? Jeff Gravenhorst is chief executive of ISS, an outsourcing company which employs half a million people in 50 countries. He says government cutbacks do provide an opportunity for his business, which has been expanding fast. Plus, Lesley Curwen talks to celebrated US author Michael Lewis, who wrote the seminal book 'Liar's Poker' in 1989 about the excesses of Wall Street. He discusses his latest book, 'The Big Short' and argues that hedge fund investors who made a fortune out of the credit crisis are, in fact, heroes. And technology commentator Jeremy Wagstaff reflects on the smoke and mirrors created by public relations firms.