Pride is at maximum capacity this week, as the team from This is Money take Financial Website of the Year at the Headline Money Awards, and our very own Georgie Frost picked up Financial Broadcaster of the Year. After a couple of minutes of self-congratulating, It’s time to get back to the real money talk that got us the awards in the first place. Mark Carney has warned that Brexit could have devastating effects on the UK economy, though it’s bad news for under-30s no matter what, as they’ll be the first generation to be worse off than their parents. We’ll also be looking at Challenger Banks, are they really different from the big guys? And finally, Simon indulges his love of American muscle.
This Is Money is presented in partnership with NS&I.
Share Senior Analyst Ed Bowsher is in the studio once again to go through the days top stories. On the agenda today - Bank of England governor Mark Carney warns that a vote for Brexit could cost jobs, raise prices, see the pound fall sharply and even lead to recession; MPs are warning of another PPI scandal lurking around the corner; More than 600 bank branches have closed across the UK in the last year, with rural areas worst affected; and finally, High Court judges are expected to rule later on the case of a dad who refused to pay a fine for taking his child out of school during term-time.
Paid-for video and music subscriptions have certainly seen a surge in usage over the past two years, but it seems that it's the music market that's seen the highest amplification in consumer interest. Rebecca McGrath, Research Analyst at Mintel, joined Nigel Cassidy to discuss Mintel's new report.
Once seen as a future driver of the global economy, the reality now is that the largest country in South America faces an uphill struggle. Brazil's President Dilma Rousseff has been impeached and Matt Cox has been hearing from Forbes Magazine’s Kenneth Rapoza, formerly a Wall Street Journal reporter based in Sao Paulo.
Share’s Senior Analyst Ed Bowsher joins Georgie to discuss the news of the day…Top on the agenda, housing demand, record low rates, O2, Android, Google payday lenders, energy.
Consuming Issues goes out with Georgie Frost every day from 9 to 12 on Share Radio
Only a few years ago Africa was seen by some as the next great emerging investment opportunity, but a recent economic slide has brought this idea into question. Share Radio's Alexi Phillips reports on what was behind the rise and fall of this optimism surrounding Africa. He spoke with Richard Dowden, director of the Royal African Society, and Simon Freemantle, Senior Political Economist at Standard Bank
Are you looking to get a mortgage, a loan, even a new mobile contract? How much does a credit report matter? And what are the things that could impact it? Your credit rating can affect your ability to borrow money using products such as credit cards, loans and mortgages. If your credit rating isn’t in the best shape there are things you can do to build it up again and fix any problems. Popular myths include that the credit behaviour of anyone living at the same address could affect your credit score rating and that old debts don't count. Georgie Speaks to Lisa Hardstaff and Joel Davis from EQUIFAX
We’ve heard the case for more controls and curbs when it comes to offshore finance centres, ahead of the Lancaster House Summit. But James Quarmby, Partner at Stephenson Harwood, believes we should be proud of our well-regulated overseas territories and crown dependencies, rather than afraid of them.
Rachel Davies, Acting Head of Advocacy & Research at Transparency International UK, joined Nigel Cassidy and Louise Cooper ahead of David Cameron welcoming world leaders to London, for the kick off of the much vaunted London Anti-Corruption Summit. Has the summit lost any credibility now that Cameron has singled out two summit attendees?
The latest quarterly review from the National Institute of Economic and Social Research sees world economic growth this year falling to it's slowest pace since the 2009 recession. The growth downgrade to 3% is mainly due to disappointing performances in us and japan, also poor performances for Brazil and Russia. As for the UK, things are dominated by the outcome of the EU referendum, for more analysis Ed Mitchell is joined in the studio by Jack Meaning, Research Fellow at the National Institute.