US president-elect Donald Trump is promising to pull the US out of the international trade Trans-Pacific Partnership, known as TPP. This promise was released in a video just hours after Japan's prime minister, Shinzo Abe, warned that the TPP would be "meaningless" without US participation. Seijiro Takeshita, Professor of Management and Information at the University of Shizuoka, joined Share Radio Breakfast to give a take from Japan.
Georgie Frost is joined in the studio by consumer editor of Good Housekeeping, Sara Benwell. Today they discuss the potential boost for digital infrastructure in tomorrow's Autumn Statement as well as the risks of online fraud when doing Christmas shopping. Plus why supermarkets could be introducing slow lanes for some customers. All these stories and more on The News Review.
Jack Sommers of the Huffington Post joined Share Radio Breakfast to round up the latest political headlines. Jack looks ahead to the Autumn Statement, whilst also giving his take on Theresa May’s CBI speech. There are reports of a Richard Branson move against Brexit and a suggestion by Donald Trump that Nigel Farage should be the UK ambassador to the United States.
The Autumn Statement is the second of the two big economic statements made by the government every year - the first being the Budget which happens in the Spring. This year's Autumn Statement is the first to be delivered by the new Chancellor of the Exchequer, but will he make an impact as the economy is at a critical juncture? To find out more, Ian Stewart, Chief UK Economist at Deloitte, joined Share Radio Breakfast.
Angela Merkel will stand for a fourth term as German Chancellor. The announcement has already had some market comments: Laura Foll, of Henderson Global Investors, said she would welcome her re-election because Mrs Merkel has proved to be "quite pragmatic" about Brexit negotiations, "more so than other European leaders". Share Radio's Politics Presenter Colin Bloom joined us to discuss this and other political developments in Europe, which have been upsetting the single currency and markets.
The French Prime Minister Manuel Valls has admitted that Front National leader Marine LePen could win the upcoming presidential election. Mr Valls says Donald Trump's victory in America had shown that similar anti-globalisation nationalist rhetoric could triumph in France as well. Ms Le Pen's centre right rival French ex-President Nicolas Sarkozy has been knocked out of the primary to choose a presidential candidate, and with the mainstream parties struggling to decide on their preferred candidate, the Front National leader is wasting no time in trying to appeal to voters. Share Radio's Robert Van Egghen reports.
Welcome to the This is Money and Share Radio podcast, presented in partnership with NS&I. Last week we brought you the shock news of Donald Trump’s poll defying victory in the US Presidential Election. One week later how has the world responded and what can we expect looking forwards? Despite fears of Trumpageddon the markets rallied delivering many investors with a surprising Trump bump. Many are now questioning what a Trump presidency will mean for post-Brexit Britain but a clue of financial news to come is on hand next week when the Chancellor will deliver his Autumn Statement. Philip Hammond has promised measures to help the so-called “Jams”- those just about managing- but is he likely to deliver or will he find resources spread too thin? Editor Simon Lambert and personal finance editor Rachel Rickard Straus join Georgie Frost to look through the latest financial figures and see just what the Chancellor is up against. Also on this week’s show they look at the pressures on young people and first time buyers from the housing crisis as well as the cost of coffee and the latest collectable car purchase on offer. This is Money is presented by Georgie Frost in partnership with NS&I.
Ryan Heath, Senior EU Correspondent and Associate Editor at Politico Europe, joined Share Radio Breakfast to give his take on the latest news in European politics. Barack Obama is on a trip to Europe, most recently visiting Berlin, where he spoke about Brexit. There’s also talk about a new role for Angela Merkel, whilst Ryan discusses Trump's Wall Street government.
Federal Reserve chief Janet Yellen has insisted she will serve her full term until 2018, despite criticism of her and Fed policy by president-elect Donald Trump. However, while Ms Yellen may be staying put, Fed-watchers fear the next President could still remake the organisation in his own image with vacancies on the FOMC board waiting to be filled. Robert Van Egghen spoke to editorial fellow at the Peterson Institute and former Federal Reserve correspondent at the Wall Street Journal, Pedro da Costa, to find out how much of a threat Trump poses to the Fed's independence.
A US interest rate rise could come "relatively soon" according to Federal Reserve Chair, Janet Yellen. Speaking to the Joint Economic Committee, Yellen signalled she was confident that jobs data and inflation would continue to support plans for a rate rise, with some analysts expecting one as soon as December. But is this the right time, so soon after the US election and with President-elect Trump's policies still uncertain? Matt Cox spoke to Colin Cieszynski, Chief Market Analyst at CMC Markets Toronto, to find out more.