The International Monetary Fund has defended the grim warnings it made about the potential impact of the UK voting to leave the EU, with its chief economist saying it would have been “malpractice” not to have considered worst-case scenarios. The comments came after the fund nudged up its 2016 growth forecast for the UK but cut the 2017 forecast once again. Jeremy Cook, Chief Economist at World First, joined Share Radio to offer his view on the forecasts.
Georgie Frost is joined by private client solicitor Angharad Lynn from Veale Wabrough Vizards. Today they discuss flexible working hours and which groups have access to them as well as the risks faced by the thousands of pensioners who have withdrawn cash lump sums from their pensions. Plus why network providers are urging those in areas with weak signal to opt out of their contracts. All these stories and more on The News Review.
There's been a catalogue of initial public offerings this autumn, and now mobile phone network O2 is hoping to sell shares to millions of ordinary investors in the first major retail offering in three years. Chris Justham, Relationship Manager at 7 Investment Management, discussed why it's happening.
Sue Dougan is joined in the studio by Jo Faith, editor of YourMoney.com. Today they discuss calls for more rental homes to be built as well as the news more than a third of young people would prefer to save into a Lifetime ISA than a pension. Plus why people are increasingly turning to alternative therapies for their pets. All these stories and more on The News Review.
Georgie Frost is joined by Hannah Maundrell, editor of money.co.uk. Today they discuss Philip Hammond's speech today at the Conservative Party conference in Birmingham plus news of planned strikes on Virgin Trains East Coast over job cuts. Plus would you pay £17.50 for the chance to jump airport security queues? All these stories and more on The News Review.
Welcome to another episode of This is Money, brought to you in partnership with NS&I. This week, Editor Simon Lambert and Consumer Affairs Editor Lee Boyce team up with Georgie Frost to deliver you the best of financial journalism and analysis this week. And who knows where Brexit will take us, but the simple fact is for now Europe still has a profound effect. Most notably Germany this week, as serious instability at Deutsche Bank, the country’s largest bank, and massive job cuts at Commerzbank, it’s second biggest, are sending waves through the banking sector this side of the channel. It’s not all bad news for the Germans though, as their budget supermarket Aldi is eating up more of the market share in Britain, though it seems at the expense of their own profits as well. Sustainable strategy? We’ll have to wait and see.
Also on the show, the World Economic Forum raises its estimation of the British economy, the Help to Buy scheme has run its course, BHS gets a digital resurrection, and the gang give their favourite of their 50 top savings tips.
This is Money is presented by Georgie Frost, in partnership with NS&I.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss the troubles facing Deutsche Bank as shares fall to a new record low as well as the new rise in the minimum wage for young workers. Plus the news British Airways is scrapping free in-flight meals. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Kevin Pratt, web editor at MoneySuperMarket.com. Today they discuss the lack of women amongst the country's richest people as well as the latest hike in insurance premium tax. Plus a Guardian investigation has found one in seven food businesses failed their most recent inspection. All these stories and more on The News Review.
Welcome to This is Money, the show and podcast, presented in partnership with NS&I. This week, editor Simon Lambert is away, so Share Radio's Georgie Frost is teaming up with Personal Finance Editor Rachel Rickard Straus and Consumer Affairs Editor Lee Boyce to dive into the biggest money stories this week. And this week, it seems all the Brexit Doom-and-Gloom might have been all for nought, as OECD figures show Briton's are weathering the storm nicely. But don't breathe out just yet, as we take a close look at economic evaluations, models and predictors. Are they worth the time? We'll find out. And the banks aren't feeling too comfortable with this news, as they slash valuation terms in preparation for a housing slump. We'll also be looking at one of the crown jewels of the last budget losing it's shine, and we'll find out just how susceptible to a nudge you might be.
NS&I is presented by Georgie Frost, in partnership with NS&I
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss the latest developments in the ongoing saga of Sports Direct as Mike Ashley steps in as chief executive as well as new calls for tougher action on banking fraud. Plus a look at the growing cost of weddings with the average couple now spending £25,000. All these stories and more on The News Review.