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.
Georgie Frost is joined in the studio by Sara Benwell, digital editor of Pensions Insight and Engaged Investor. Today they discuss the latest statistics allaying fears of a post-Brexit recession as well as all the small print on the Government's new Lifetime ISA. Plus why UK car manufacturing is at a record high. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Share's Senior analyst Ed Bowsher. Today they discuss the latest figures on the labour market as well as the rising number of rental properties now being put on Airbnb. Plus is it time for workplaces to change their attitudes towards tattoos? All these stories and more on The News Review.
Now that the UK has voted to leave the bloc, the remaining 27 states will push hard to ensure their interests are protected in any future negotiations. Yet in planning a future without Britain, Mr Tusk and his colleagues will also have to take a long hard look at the EU's current economic model. Against a backdrop of low growth and high unemployment - especially amongst the young - some analysts believe the EU's long-term survival lies in taking bold economic steps. How radical does it need to be? Doctor Engelbert Stockhammer is Professor of Economics at Kingston University, and he joined Juliette in the studio, along with Professor John Weeks, Share Radio's regular economics commentator.
Georgie Frost is joined in the studio by Simon McCulloch, commercial director at comparethemarket.com. Today they discuss the rise in online financial scams as well as how a payday lending business could be forced to pay back £35m to its borrowers. Plus is the cashless society making us spend more? All these stories and more on The News Review.
Georgie Frost is joined in the studio by independent financial expert Martyn James. Today they discuss recommendations from regulator Ofwat for greater competition in the water market as well as the growing prevalence of online fraud. Plus why Brits are more likely to trust their bank with biometric data than the government. All these stories and more on The News Review.