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.
Georgie Frost is joined in the studio by Vix Leyton from Quidco.com. Today they discuss research by the Institute for Fiscal Studies (IFS) that suggests women earn 18% less than men on average. They also take a look at growing levels of debt in the UK as well as the impacts a car crash can have on your insurance premium, even when it's not your fault. All these stories and more on The News Review.
Alex Lydall, Senior 360 FX Dealer at corporate forex broker Foenix Partners, joined Morning Money’s Directors’ Briefing sponsored by Hewlett Packard Enterprise, to discuss retail sales and the post-Brexit impact thus far. Alex also discusses last week’s FOMC Statement and the ongoing outlook of US rate hikes this year.
It seems a number of Hedge Funds are investing in "tiny satellites", which have the ability to take high frequency images of "economically sensitive" spots. To find out more, Joe Aldridge has been speaking with Stuart Martin, CEO of independent innovation and technology company, Satellite Applications Catapult.
Today Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. Today they discuss the rebound in retail sales since their June slump as well as the amount of money retired households are losing in income tax. Plus with the Night Tube starting tonight we take a look at London's newest transport service. All these stories and more on The News Review.
British households remain confident in the rising value of their homes, even after the vote to leave the European Union.
That's according to Knight Frank's Sentiment Report, which shows 15% of homeowners surveyed by Knight Frank believed the price of their own house had risen last month... more than the ratio who believed house prices had fallen.
Grainne Gilmore, head of Knight Frank UK Residential Research joined the team to discuss further.
Another piece of post-Brexit economic data may give us a better scope of how Brexit has affected the UK: Public sector borrowing figures may suggest a deterioration of the Government's finances in the months to come.
Chris Hare, Economist at Investec, joined the Morning Money team to discuss what this new information means.
Once again, it's time for This is Money, in partnership with NS&I. This week, Editor Simon Lambert and Consumer Affairs Editor Lee Boyce from the Financial Website of The Year team up with Financial Broadcaster of the Year Georgie Frost, to boldly proclaim the dust settled on post-Brexit Britain. Well, sort of. With pre-Brexit employment figures, and post-Brexit CPI and RPI all out, a lot of people might be unhappy with the results. Not least as Current Accounts and Annuities are slashed, and pensions deficits and house prices continue to soar. Are we in a bit of a slump, or is this just the landscape now? We'll take you through it all, and also take a look at thousands of electricity customers being over-billed due to an Imperial legacy, and Lee Boyce waxes lyrical on the joys of living at the seaside. This is Money is presented in partnership with NS&I.