It’s inevitable that stock markets will fall sooner or later. In this edition of The Big Call, Ed Bowsher asks whether ETFs will contribute to that fall. Ed speaks to Helen Thomas of the Blondemoney website, who thinks that ETFs may well contribute to a correction and Adam Laird of Lyxor who disagrees.
In this weeks Inside Business we discuss the recent HSBC allegations, as the National Crime Agency and the Serious Fraud Office look to investigate HSBC's recent dealings with the Gupta Family in South Africa. We spoke with Lord Peter Hain of Neath who took these accusations to the House of Lords and also we spoke with vocal anti corruption whistle blower Nicholas Wilson about other HSBC related investigations.
As always we finish the show with a word from a regular commentator BBC World Service Reporter Howard Mustoe.
It finally happened. The Bank of England raised interest rates for the first time in more than a decade this week. But what was the point of that rate rise? It was certainly a curiosity, coming alongside a decidedly downbeat Inflation Report. Was it to dampen inflation, to send a warning sign to borrowers, or just to put a tiny smile on beleaguered savers’ faces?
On this week’s podcast, Simon Lambert, Rachel Rickard Straus and Georgie Frost look at why the Bank raised rates and what it means for you.
They also dive into the really crucial question: how high will the base rate go from here and how fast will it rise?
Archie Norman has been announced as the new Marks & Spencer chairman. Does this, as well as the appointment of Jill MacDonald earlier this week as Head of Non-food, mean that the previously troubled chain is turning around? Ed Bowsher was joined by Craig Erlam, Senior Market Analyst at Oanda to discuss this and more of the day's corporate news.
Lloyd Blankfein, the boss of Goldman Sachs, has said that the City could stall because of Brexit risks, and is pushing for a transitional period in Brexit negotiations to protect jobs and ensure stability. To discuss this and more of the day's big macro news, Ed Bowsher was joined by Vicky Pryce, from the Centre for Economics and Business Research
Welcome to the This is Money show on Share Radio. From major supermarkets to micro-entrepreneurs we’ll be focusing on businesses big and small. Growing competition, inflation and a weak pound are all spelling problems for the retail sector whilst plans to scrap tax breaks threaten small businesses with bigger bills. Running through the various other issues from 4G to the strength of the high street Georgie Frost is joined by Editor Simon Lambert and Consumer Affairs Editor Lee Boyce. Plus how the new, forgery proof pound coin might not prove as secure as hoped.
Service sector PMI has hit a 4 month high in data released today, up from 55 to 55.8. Meanwhile, the automotive sector has had worse news, seeing a 20% fall in new car registrations last month. To discuss this and more of the day's big macro news in more detail, Ed Bowsher was joined by Simon French, Chief Economist at Panmure Gordon.
Sainsbury's today reported a full-year profits fall of 8.2%, even after the successful acquisition of Argos owner Home Retail Group, prompting its share price to slide. For more on this and the latest corporate news, Ed Bowsher was joined by Chris Bailey, founder of FinancialOrbit.com
The pound and the markets were down this afternoon - could it be in part because of the new Brussels Brexit Bill, hoisted now to €100bn? To discuss further, and talk about more of the latest macro news, Ed Bowsher was joined by Matthew Yates of 7IM.
Over the weekend streaming giant Netflix has been held to ransom by hackers who released ten episodes of hit series Orange is the New Black after their demands went unmet. So do cyber security threats such as this really represent a growing risk to the entertainment industry? Share Radio's Tom Hill joined Georgie Frost in the studio to explain more.