Household debt in the UK has soared to a record high. We now owe an average of £30 thousand pounds each in household debt, according to figures from the Money Charity. This is mainly from mortgages and credit debt. To find out more information, Sue Dougan is joined on the line by Money Charity's policy and communication officer Frank Hobson.
As Christmas is creeping up on us quickly now, it can take a toll on your finances. As much as we love the mince pies and bottomless glasses of Bailey's it can be a very stressful time - not least because when you add it all up, it's a super expensive time of year. It doesn't always have to be though as Nick Hill explains.
Sue Dougan is joined in the studio by Hannah Maundrell editor in chief of money.co.uk. On the agenda today, as we head towards the winter, we are being warned to brace themselves for a rise in their energy bills. Elsewhere, Visa says consumer spending increased by 2.5% in October compared to the same month last year. Plus, Amazon is in the news again after being ordered to pay back the parents of children who made in-app purchases on mobile devices. All these stories and more on The News Review.
Georgie Frost is joined in the studio by Share Radio's senior analyst Ed Bowsher. On the agenda today, as we head towards Christmas, Amazon's planning to extend its Black Friday promotion. But, they are facing legal challenges after the company's delivery drivers were found to be regularly working "illegal" hours and receive less than the minimum wage. Elsewhere, the RAC is calling for fuel prices to be dropped, while Sainsbury’s Bank has lowered its personal loan rate to a new historic low rate of 3 per cent. All these stories and more on The News Review.
Having a career change can be difficult, especially if you're an older woman wanting to break into an industry which has a reputation for discriminating against your demographic. Well that's exactly what Kathy Trevelyan did when she took the plunge and studied at drama school in her 50s. To talk us through the whole process, Kathy joined Georgie on the line.
Today is Equal Pay Day. But why is it important. Well, the 10th November marks the time women are effectively working for free because of earning less on average than men. Equal Pay Day is calculated using the mean full time pay gap, which is currently 13.9%. At the current rate of progress, it will take over 60 years to close the gender pay gap. So from today, all women in full time work are effectively working for free. For more information, Georgie spoke to Jemima Olchawski, Head of Policy at The Fawcett Society.
More than half of marriages end in divorce. This has lead to lawyers reporting of an increase in inquiries for prenuptial agreements from people, whose parents have given them money to help to buy a home. Parents want to enforce this by law so that the money will stay with their child if a marriage ends in divorce. For more on this and how it impact the 'bank of mum and dad', Georgie spoke to family lawyer Helen Pidgeon.
When buying a house, it's important to look at the area. We've heard that living near certain supermarkets impacts on prices. But what about cemeteries. Properties on streets bordering graveyards are on average nearly 25 per cent cheaper. To find out more, Georgie spoke to Jonny Stevens from HouseSimple.com.
Georgie Frost is joined in the studio by financial journalist Vix Leytonr. On the agenda today, they discuss the big story from America. Donald Trump has beaten Hilary Clinton to become the 45 President. But how that impacted the markets? Georgie and Vix mull over the affects on the global economy and markets. Elsewhere, today is equal pay day, which marks the time women are effectively working for free because of earning less on average than men. And banks are going to offer more help to elderly and vulnerable customers. All these stories and more on The News Review.
Donald trump has shocked everyone and become the 45th President of the US. He defeated favourite Hilary Clinton by winning states such as Florida and Ohio. But how will his victory affect us in the UK? And what about the global stocks and markets? Our man on the ground in Florida and political correspondent Colin Bloom joins senior analyst Ed Bowsher in the studio with Sue.