We're in the first week of Fintech Fortnight now, a two week period dedicated to this expanding sector. Already we've seen huge transformations with banking now more likely to be accessed through a phone than waiting for a statement through the post box. So what does the future hold and how do people feel about the pace of change. To discuss just how much Fintech has developed our reporter Tom Hill spoke to James Smith, Mobile and Digital Innovation Director at Nationwide Building Society.
As it has become the norm, Brexit has dominated the newspaper headlines this morning. Theresa May has checkmated the Commons, but can she do the same to the House of Lords? Brexit Secretary David Davis has said the Lords must "do their patriotic duty". To discuss all this and more, Share Radio Morning's Juliette Foster was joined by Josh Lowe Reporter at Newsweek.
Oil prices are falling again today as the market waits for US inventory data to come through this afternoon. But early estimates indicate it'll be far above analysts' expectations - at around 11 million extra barrels. Sean Cronin, editor at Argus Media, joined Glen Goodman for more on this story.
Are interest rates too low? One of the Bank of England's monetary policy committee members has signalled she's on the verge of voting for a rate rise. And Brexit will cost UK 30,000 finance jobs according to a think tank. Ben Kumar, investment manager at Seven Investment Management, joined Share Radio's Glen Goodman to talk through the day's big economic stories.
The government is promising to fix what it calls the "broken" housing market by building thousands of new homes and helping first time buyers. Amongst the many proposals is a three-billion pound fund to get small companies building in England. It's thought that around 60 per cent of new homes are being produced by just 10 larger firms. Share Radio's James Brydges spoke to Michael Holmes, spokesperson at The National Homebuilding & Renovating Show and head of NaCSBA (National Custom and Self Build Association) and Russell Quirk, the founder of the online estate agent emoov.co.uk.
The Moneywise team with over 26 years of financial journalism under their belt joins us in the studio for their fortnightly catch up. This week Sue joined by editor Moira O'Neil and deputy editor Helen Knapman. We'll be discussing how to put together the perfect portfolio as well as how to maximise your savings returns playing current account ping pong. Plus we look ahead and questioning what might happen with interest rates this year as well as bringing you the latest stats and funny money stories from this month's magazine.
And it's time to check-in with our friends over at Money Saving Expert. This week Sue Dougan was joined by Senior Writer Sally Francis. We'll be looking at the governments changes to bereavement benefits and sorting out your joint finances with your partner this Valentine's day. Plus we'll have a roundup of the best deals the eagle-eyed team have come across this week. Don't forget, you can stay up to date and get the newsletter by heading to moneysavingexpert.com
How much money do you think you'll spend over the course of your lifetime? Well, a report has found that today's average 20 year old will spend a whopping 1.9 million pounds in total. Analysis from financial planner Tilney shows that we will have spent one million pounds by our fiftieth birthday, and will spend 400,000 pounds after we retire. It seems many of us, however, spend a lot more than we think we will after we've stopped working. To discuss the report in more detail, Share Radio reporter Sara Macham caught up with Andy Cowan from Tilney.
Former banker Joe Chakra took a gamble when he gave up a successful career in banking to open up a frozen yoghurt shop. Sloane Brothers is going from strength to strength with its flagship shop on London's Brick Lane and another branch in Nottingham. Share Radio reporter Sara Macham caught up with Joe to hear the secrets behind the company's success.
It's the most important meal of the day but with many of us short on time, people are choosing to skip breakfast. We could be storing up health problems though particularly when it comes to our understanding of what's healthy. One company aiming to challenge this is Spoon who have previously taken their products to Dragons Den. To find out more about the company and the issues around skipping breakfast Share Radio's Tom Hill spoke to founders Annie Morris and Jonny Shipman.
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