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.
Georgie Frost is joined in the studio by Independent personal finance expert, Simon Read. Today they discuss the big story of the day, a UK High Court ruled that the government does not have the power to trigger the Article 50 process without a parliamentary vote. Eslewhere, it's good news for the economy as interest rates have been kept on hold because the economy's doing better than expected. But, nearly a quarter of under-40s don't save into a pension due to debts. All these stories and more on The News Review.
Money Saving Expert: Megan French joins us to discuss the week's best deals
Robyn DwyerOriginal Broadcast:
Money Saving Expert
Consumer writer Megan French talks us through the cash incentives available for switching bank accounts as well as how to get the best deals on eBay. And as ever we'll have a roundup of the latest and best deals the team have come across this week.
Time is money, and so diners are calling for restaurants to speed up not only in service but also when it comes to payments. New technology holds the key to keeping up with customers' needs for speed, as diners call for bill-splitting apps and ways to make paying quicker and easier. Our reporter Tom Hill spoke to Sharon Manikon from Barclaycard to find out more.
Georgie Frost is joined in the studio by Russell Qiurk, CEO of eMoov estate agents. Today they discuss the big story of the day, Bank of England governor Mark Carney is to extend his term by one year to help secure a profitable exit from Europe. Elsewhere, it's bad news for consumers as credit card debt grows at fastest rate since the financial crash. But the silver lining is that the number of mortgages approved for home buyers has surpassed economists' expectations and reached a three-month high. All these stories and more on The News Review.
Georgie Frost is joined in the studio Joanna Faith, editor of YourMoney.com. On the agenda today, Chancellor Philip Hammond has declared he is considering dropping the autumn statement in order to reduce the treasury's role in government. Elsewhere, shocking new figures have claimed a quarter of us have as little as £1 in their bank account by pay day. And contactless technology has meant that consumers now prefer to use debit cards to make payments instead of hard cash. All these stories and more on The News Review.
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.