Sara Benwell, Digital Editor of Pensions Insight, joins Share Radio's Senior Analyst Ed Bowsher to go through the day's financial news. Top on the agenda, shoppers are seemingly oblivious to this supposed Brexit uncertainty, as retail sales barely dip. Retail giant John Lewis is hardly basking in the glow, though, as pre-tax profits continue to plummet. Also on the show, nearly a third of homeowners have been put off moving because of stamp duty costs, and a record 44 Billion pounds were shelled out by British business this financial year.
It's This is Money, your essential week's round-up of the biggest money stories in the UK and abroad. This week, guest-host Sue Dougan teamed up with Editor Simon Lambert and Personal Finance Editor Rachel Rickard Straus from the Financial Website of the Year, This Is Money. On the agenda today; A further rate cut looks unlikely for now, but that's not stopped the banks from taking full advantage of the chance to punish savers and borrowers alike. Meanwhile, a Pensions Roadblock is what we're calling people scared off from trying to get their nest egg in order. Is it just a bit complicated, or totally hopeless? And we'll also be taking a look at a new book on the hidden threat of Big Data: it's Weapons of Maths Destruction.
This is Money is presented in partnership with NS&I.
Nick Peters is joined in the studio by Kevin Pratt web editor at MoneySuperMarket.com. Today they discuss Oxfam findings on growing levels of inequality in the UK as well as a look at the new plastic five pound note entering circulation today. Plus why the cost of job interviews is reaching an average £150. All these stories and more on The News Review.
Nick Peters is joined by editor of money.co.uk Hannah Maundrell. Today they discuss the latest cuts to UK growth forecasts by The British Chambers of Commerce as well as the latest sales figures for Nectar Card owner Aimia. Plus we could see lenders probed for punishing savers but not helping borrowers following last month's interest rate cut. All these stories and more on The News Review.
Welcome to This is Money, presented in partnership with NS&I. On this episode we're seeing the quicksand deepening for savers, as another base rate cut looms, and savings rates plummet through the floor. Bad news especially those under 30, the so-called Millenials or YOLO Generation. But is it their fault they know so little about money, and have even less hope for the future? We'll also be looking at some spare change that could bring you a mint, critical illness insruance that doesn't necessarily cover you for critical illnesses, and the greatest weapon in the fight against scammers: Information.
This is Money is presented by Georgie Frost, in partnership with NS&I
Georgie Frost is joined by Sara Benwell, Digital Editor of Pensions Insight and Engaged Investor. Today they discuss the latest allegations facing MasterCard over unlawfully high fees as well as the upcoming Autumn Statement from Chancellor Philip Hammond. Plus are major mobile phone companies dominating the airwaves to stifle competition? All these stories and more on The News Review.
New research shows that the vast majority of people would never consider a career in the construction industry, and this could lead to a future shortfall of workers, especially post-Brexit.
Naomi Chatterley from leading European specialist supplier to construction SIG Distribution discussed what this research means for the UK.
MPs on the Energy and Climate Change Committee have warned the Government that, on its current course, the UK will fail to achieve its 2020 renewable energy target: to provide for 15% of its energy needs from renewable sources.
Morning Money spoke to Bruce Davis, joint MD of green investment company Abundance, to find out more.
Georgie Frost is joined by financial planner David Braithwaite from Citrus Financial. Today they discuss allegations the governor of the Bank of England over-egged economic warnings over Brexit as well as future predictions for house prices. Plus with the ongoing controversy over Sports Direct they look at the rise of zero hour contracts. All these stories and more on The News Review.