This month, Scottish wind farms have received a record £5.5 million to shut down. It’s after hurricane-force gusts produced more electricity than could be consumed. August 7th saw winds blowing as high as 115 miles an hour, while demand for power fell to record lows. But Renewable UK’s Deputy Chief Executive, Maf Smith, told Share Radio's James Brydges that wind farms turning off was actually the least expensive solution.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss the difficulties faced by young people trying to save as well as the growing popularity of staycations. Plus the state of the UK energy market as the big six companies start to claw back customers. All these stories and more on The News Review.
David Pitt-Watson is the former head of the Hermes shareholder activist funds in Europe, and an executive fellow of finance at the London Business School. He's one of the authors of “What They Do With Your Money: How the Financial System Fails Us and How to Fix it”. He spoke to Share Radio about executive pay.
Georgie Frost is joined in the studio by independent financial analyst Martin James. Today they discuss the lack of growth in wages as well as Brixit- Britain's shortage of bricks which is worsening the housing crisis. Plus has Scotland's North Sea oil bubble burst? All these stories and more on The News Review.
Scotland’s public spending deficit has reached almost £15 billion, more than twice the size of the UK figure, and at 9.5% of GDP its higher than that of Greece at 7.2%. North Sea oil revenues also plunged from £1.8 billion in 2014/15 to just £60 million last year. Our commentator in Scotland, Maurice Smith, discussed.
Mark Hayward, Managing Director, National Association of Estate Agents (NAEA), joined Nigel Cassidy to talk on 'Brixit'. Is a shortage of bricks a factor in rising house prices and housing deficit post-Brexit?
Georgie Frost is joined by Share Radio's senior analyst Ed Bowsher. Today they discuss the market reaction to the Bank of England's latest bond buying spree as well as the problems with the government's Help to Buy ISA. Plus are teenagers more financially focused than their parents? Yes according to a new report. All these stories and more on The News Review.
Daniel Godfrey has joined Neil Woodford in saying his new fund will not pay staff bonuses. The former Chief Executive of the Investment Association plans to launch a new investment trust in early 2017. Both asset managers agreed there was no evidence that they result in better outcomes for investors. Daniel told Share Radio's James Brydges why he wanted to take a different approach.
A new paper released by the Adam Smith Institute has called on the government to take back control of UK waters. The report lays out a comprehensive ten-point plan for how Britain can replenish its waters following Brexit, and reveals the full extent of the damage caused by the European Common Fisheries Policy. Dr Madsen Pirie, President of the Adam Smith Institute, joined to discuss this further.
The Prime Minister says it’s going to be "a celebration fit for heroes". The UK's triumphant Olympians will be parading before the crowds in the UK's second city, Manchester. But why Manchester and what might the Olympians bring to the region? Sports journalist Anil Senghera explained from Manchester.