Georgie Frost is joined in the studio by consumer editor of Good Housekeeping, Sara Benwell. Today they discuss the potential boost for digital infrastructure in tomorrow's Autumn Statement as well as the risks of online fraud when doing Christmas shopping. Plus why supermarkets could be introducing slow lanes for some customers. All these stories and more on The News Review.
Glastonbury may boast the world's best-known outdoor music festival, but one essential thing the Somerset town has been lacking since the spring is a bank branch. But within the last few days it has emerged that the Nationwide Building Society has shown some interest in stepping into the breach. Nationwide Director, Graeme Hughes, told Share Radio's Nigel Cassidy that potential premises are now being lined up and he hopes to open a bank in the New Year. He says the reason the society thinks it can make a success in Glastonbury is the fact that it's using newer technology.
Georgie Frost is joined in the studio by Russell Quirk, CEO of eMoov estate agents. Today they discuss the big story of the day from the high street, that Marks and Spencer close about 60 clothing and home stores over the next five years as part of plans to turn around the business. Elsewhere, it's bad news for the government as The UK's public finances are expected to worsen by 25 billion pounds by the end of the decade. But it's good news for Tesco Bank customers after a bad weekend, as they will get there money back by the end of the day. All these stories and more on The News Review.
Sue Dougan is joined in the studio by Hannah Maundrell, editor in chief of money.co.uk. Today they discuss the big story of the day, that we owe an average of £30,000 each in household debt, mainly built up through mortgages and credit debt. Elsewhere, it's bad news for customers with Tesco Bank, as the firm had to halt online payments for current account holders after thousands were affected by fraudsters. Plus, an overhaul of the power grid system in the UK could save you £90 a year. All these stories and more on The News Review.
Welcome to the This is Money and Share Radio podcast, presented in partnership with NS&I. This week all eyes have been on the unreliable boyfriend of banking Mark Carney. Just days after committing to another year in the job the Governor of the Bank of England was thrust into the limelight again for Super Thursday. Meanwhile the High Court ruled parliament must be given a vote on triggering Article 50 casting further speculation on Brexit, and indeed Carney’s role in overseeing it. At any rate the Bank of England’s forecasts did not make for easy listening. Despite some hints of future growth interest rates are set to remain at rock bottom whilst inflation is set to soar leaving many to question just where they can safely invest their money. Editor Simon Lambert and Deputy Editor Adrian Lowrey join Georgie Frost this week to work out what’s on offer also weighing up alternatives such as overpaying the mortgage and investing in premium bonds, which celebrate their 60th birthday this week. Also on this week’s show they look at calls for a Government crackdown on cold calling and the prospect of a post-work economy thanks to the rise of robots and automation. This is Money is presented by Georgie Frost in partnership with NS&I.
Welcome to This is Money, the podcast, presented in partnership with NS&I. Editor Simon Lambert and Personal Finance Editor Rachel Rickard Straus join Share Radio’s Georgie Frost in the studio to go through the week’s biggest money stories.
And this week it’s all about inflation, and the news is leaving us all a little … deflated. Yes, that nebulous indicator, inflation has jumped to its highest level in 2 years - hitting spenders and savers alike. Blame Brexit if you like, and a lot of people have done, but is that really it? Michael O’Leary of Ryanair certainly is blaming the referendum as he hikes prices in even more obscure ways. And then, we’re looking at the banks: they’re slashing rates, deceiving switchers, and worst of all; this week it seems they don’t even know how to keep our money safe!
Meanwhile, we take a look at the treasury's U-Turn to allow retired savers to cash in their annuities. Is Chancellor Hammond just doing all he can to obliterate Chancellor Osborne’s legacy, or dare I say it, could there be an actual plan in place? Surely not, that’s madness.
At the other end of the show, Simon reckons we need a tax break on savings interest, what little we have, someone’s bought a car with Apple Pay and everyone’s amazed for some reason, and the new Churchill fiver sees even more inflationary trading.
This is Money is presented by Georgie Frost, in partnership with NS&I.
Many banks are looking into new ways to replace the password. But is the tech contained in our smartphones good enough to protect our assets, or is this another fad being leapt on by banks trying to appeal to the younger and tech savvy generation? Matt Cox spoke to Meaghan Johnson, Co-Founder and Director of Research at fintech thinktank 11:FS, about why there is so much interest in this area.
Ed Bowsher is joined by Hannah Maundrell, editor of money.co.uk. Today they discuss the latest figures for retail spending as well as looking at a new government scheme to safeguard members of failed pension funds. Plus why parents are increasingly struggling to put aside savings for their children. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss yesterday's price war between Unilever and Tesco as well as the news banks are planning on a further cut to interest rates. Plus the latest proposed reforms to pensions. All these stories and more on The News Review.
Georgie Frost is joined by Share Radio's senior analyst Ed Bowsher. Today they discuss the latest movements in the value of the pound as well as new reforms being made to pensions. Plus could we be closer to seeing the construction of HS2? All these stories and more on The News Review.