Southern Rail is in turmoil and the network is to endure another week of chaos as conductors begin a five-day strike over driver-only trains. So what is going on at the British railway company? Joe Aldridge has been looking into Southern's struggles.
Once again, it's time for the This is Money podcast. Every week, in partnership with NS&I, Financial Broadcaster of the Year Georgie Frost and Financial Website of the Year This is Money team up to go through all the finance stories you need to know this week. On the agenda today, of course, The Bank of England cut interest rates as many of us predicted. We're not going to pat ourselves on the back too much for that one, but some prognosticating is definitely in order. How will this affect us in the long run? Cuts to existing savings rates have left savers nervous, and things are not looking good on the property market, as homeowner levels have dropped to their lowest in 30 years. Is this the worst time for a rate cut? We'll also be running through the new deadline for PPI claims, and Simon's round-up of the best and worst of Great British Autos. This is Money is presented by George Frost, in partnership with NS&I.
A thinktank has claimed that moving 25,000 civil servants out of London would turbo charge devolution. Policy Exchange say that a more productive and innovative public sector will only be achieved if the new government ends the outdated Sir Humphrey model of Government and puts local people in control.
To explain the concept, Steve Clarke (filling in for Nigel Cassidy) and Louise Cooper were joined by Damian Hind, Economic & Social Policy Research Fellow and author of the new Policy Exchange report, 'Delivering Differently'.
Discussions surrounding 'Privacy Shield' are ongoing - it's a new transatlantic agreement that will allow data to flow freely between the EU and US, whilst also ensuring that data is properly protected.
Companies have waited months for the deal, after its predecessor, the US Safe Harbor Agreement, was struck down by European courts in October 2015. But so far only Microsoft, CA Technologies and Workday have signed up.
Joe Aldridge looks into the new agreement by speaking with Peter Church, a Counsel and data privacy expert at law firm Linklaters.
Commercial businesses in the South East and London came under attack from fraudsters in the first half of 2016 to the tune of £84.1m, according to new research.
KPMG's Fraud Barometer shows a 585% increase in the value of prosecuted fraud against commercial businesses in the region, as prosecuted fraud against financial institutions and investors fell.
Hitesh Patel, head of forensic at KPMG explained further.
In a new report published today on the BBC White Paper the Culture, Media and Sport Committee welcomes the decision to abolish the BBC Trust and establish a unitary Board, to consolidate regulation of the BBC in Ofcom and to enhance the role of the National Audit Office in overseeing the BBC accounts.
Maurice Smith, Share Radio's correspondent in Scotland and contributor to the book "The BBC Today: Future Uncertain" discusses the challenges facing the world's oldest national broadcasting organisation.
Time again for This is Money, Financial Broadcaster of the Year Georgie Frost and Financial Website of the Year This is Money team up with NS&I to close off a turbulent week, with the best of financial advice and analysis. Yes, it has been a turbulent week, with Natwest veering towards negative rates, Santander rolling back the UK's most popular current account, and Lloyds scrapping more of their workforce. Can savers find their way through it all? Well, we'd better hope so, as the issue this week most pressing is the FCA's findings that over 5 million credit cards may never be paid off, and around 1.4 million people are barely making any repayments at all. In short, we're drowning in plastic. But the first step is educating ourselves, and this podcast is the place to start!
This is Money is presented by Georgie Frost, in partnership with NS&I.
Owen Smith, The MP, challenging Jeremy Corbyn for the leadership of the Labour party, has been in Rotherham today outlining what he would do if he was elected leader of the party. His proposals include scrapping zero hours contracts and increasing NHS spending. Meanwhile a new poll shows the Conservatives have a 12-point lead over the Labour party.
Joining Juliette Foster to discuss these and other developments on the political front is Mike Indian, Senior Political Analyst at De Havilland.
In the aftermath of her death Jo Cox's ideals have inspired the birth of a new political movement. "More United", which takes its name from a phrase in her parliamentary maiden speech, rejects extremism and aims to give a voice to tolerant people throughout the UK.
Juliette Foster, host of Investment Perspectives was joined in the studio by Dr Clare Gerada of More United who's a convener for the organisation and also a former chair of the Royal College of General Practitioners.
Dan Hodges, Political Commentator at the Mail on Sunday, discussed the latest in the world of politics. History has been made in America, after Hillary Clinton became the first woman to be nominated as a presidential candidate. And it's emerged one of the terrorists who attacked a French church was under surveillance by intelligence agents.