It finally happened. The Bank of England raised interest rates for the first time in more than a decade this week. But what was the point of that rate rise? It was certainly a curiosity, coming alongside a decidedly downbeat Inflation Report. Was it to dampen inflation, to send a warning sign to borrowers, or just to put a tiny smile on beleaguered savers’ faces?
On this week’s podcast, Simon Lambert, Rachel Rickard Straus and Georgie Frost look at why the Bank raised rates and what it means for you.
They also dive into the really crucial question: how high will the base rate go from here and how fast will it rise?
In the latest Money Makers podcast, host Jonathan Davis is joined by technology specialist Ben Rogoff, the lead manager of the Polar Capital Technology investment trust, which has given shareholders a total return of more than 200% over the last five years. With the likes of Amazon, Facebook, Apple and Netflix leading the markets higher, how much more is there still to come from these global IT stocks? Is there a danger of another TMT-style market crash or a regulatory kickback? And where are the most exciting prospects in other technology fields, such as gaming, robotics and artificial intelligence?
Last month, Transport for London announced it was withdrawing ride-hailing firm Uber’s license to operate in the capital. Despite complaints over passenger safety and poor treatment of drivers, many Londoners came to Uber’s defence, valuing its convenience. But what if we could build something better than Uber – something that is just as convenient and competitive on price, but treats its passengers and drivers with respect?
This week host Ayeisha Thomas-Smith is joined by NEF’s Principal Director for Unions and Business, Stefan Baskerville, and researcher Duncan McCann.
Today we're joined by Daniel Hannan, MEP for South East England, President of the Institute for Free Trade, and a leading voice in the Vote Leave campaign – interviewed by the IEA's Chief Economist Julian Jessop. With European and British negotiators seemingly at loggerheads - Dan gives his view on what's actually going on behind closed doors. Dan and Julian also discuss how much should be paid in a 'Brexit Bill', what the transitional arrangement should look like, and the potential benefits of trading unilaterally.
Today on the agenda, Georgie Frost and Good Housekeeping's consumer editor Sara Benwell discussed how London has topped the tables as having the most expensive public transport in the world. Plus they look at how work has begun on 65 new trains set to boost capacity and reduce journey times on the East Coast Main Line. All these stories and more on The News Review.
Archie Norman has been announced as the new Marks & Spencer chairman. Does this, as well as the appointment of Jill MacDonald earlier this week as Head of Non-food, mean that the previously troubled chain is turning around? Ed Bowsher was joined by Craig Erlam, Senior Market Analyst at Oanda to discuss this and more of the day's corporate news.
Lloyd Blankfein, the boss of Goldman Sachs, has said that the City could stall because of Brexit risks, and is pushing for a transitional period in Brexit negotiations to protect jobs and ensure stability. To discuss this and more of the day's big macro news, Ed Bowsher was joined by Vicky Pryce, from the Centre for Economics and Business Research
Share Radio's Nigel Cassidy, and Chris Bailey of Financial Orbit joined Georgie Frost in the studio. Our question is: In the last 2 years, what do you think has been the biggest financial event? And the guys discussed the biggest market headlines they've come across this morning.
The European Commission has hit back at claims that Brussels is meddling in the general election. Theresa May has accused EU officials of trying to influence the vote by misrepresenting the UK's position. The Commission says it doesn't "Brexitise" its "important policy work", and insists it's "too busy to engage" in the row.
Welcome to the This is Money show on Share Radio. From major supermarkets to micro-entrepreneurs we’ll be focusing on businesses big and small. Growing competition, inflation and a weak pound are all spelling problems for the retail sector whilst plans to scrap tax breaks threaten small businesses with bigger bills. Running through the various other issues from 4G to the strength of the high street Georgie Frost is joined by Editor Simon Lambert and Consumer Affairs Editor Lee Boyce. Plus how the new, forgery proof pound coin might not prove as secure as hoped.