With economic growth set to propel more than 90% of the world's population into the so-called "consumer class" by 2020, a new report from HSBC Commercial Banking suggests companies should start preparing today to meet the wants and needs of tomorrow's customer.
The co-author of that report Paul Flatters, from futures consultancy Trajectory, joined the Morning Money team to talk about the research.
This week financial journalists Lindsay Cook and Anne Caborn take on credit. We find out which bank has earned the Golden Gloves this week. Plus how to negotiate pub rounds and splitting restaurant bills.
Despite the fears around Brexit the latest stats suggest the referendum decision has had little impact on our shopping habits. In fact consumer confidence bounced back in August as we abandoned our plans to save. So just how confident are the public in their finances and should we be more cautious?
Georgie Frost is joined in the studio by Vix Leyton from cashback site Quidco.com. Today they discuss Sports Direct's decision to guarantee hours to workers on zero-hours contracts as well as the gender disparity in pay increases. Plus why complaints about payday loans have more than tripled in the first six months of the year. All these stories and more on The News Review.
Figures from Barclaycard reveal consumer spending in August reached a 13-month high of 4.2%, as warmer weather prompted shoppers to splash out on clothes and entertainment. It conflicts with BRC data however, which showed that consumers cut back on spending. So which to believe? Paul Lockstone, Managing Director at Barclaycard, offered his views.
Georgie Frost is joined by Hannah Maundrell, editor of Money.co.uk. Today they discuss protests over Calais' jungle camp as well as the price cuts to products in many of Britain's supermarkets. Plus how to set up a bank account using a selfie. All these stories and more on The News Review.
Conrad Ford, Chief Executive of online business finance supermarket, Funding Options, discussed the record £32.4 billion that was paid in corporation tax by 'real economy' UK businesses last year. So is there now scope for the government to reduce the corporation tax rate for SMEs?
On the show this week, we're taking a look back at the very best of our weekly financial analysis and commentary, in partnership with NS&I, over the past few months. And what a few months it has been! From Brexit to the Bank of England rate cuts, and don’t forget the BHS and Sports Direct scandals. We’re going to take you back, and get some perspective on it all. Maybe it will start to make sense... We'll also be looking at the major takeover of Britain’s own ARM holdings, a much-loved current account getting its rates slashed, and the best and worst of Great British Auto Manufacturing.
This is Money is presented by Georgie Frost, in partnership with NS&I
Rachel Rickard-Straus, Lee Boyce, Richard Browning, Simon Lambert
Theresa May's Brexit Brainstorm at Chequers did make one thing clear: limits on migration from Europe will be prioritised over preserving access to the single market for goods and services. Andrew Stimpson, Founder of underfloor heating specialists, WarmUp, has been a big beneficiary of the European single market. How has his business been affected?
The 45th English Wine Festival is taking place this weekend. The event being held in Purleigh, Essex is the longest running wine festival in England, and it comes after figures earlier this month revealed that sparkling wine sales in the UK have nearly doubled in the last five years. Lucy Winward, a wine expert at New Hall Vineyard, who are hosting the event, explained how the English wine industry is doing.