It's time once again for This is Money. Editor Simon Lambert and Consumer Affairs editor Lee Boyce join Georgie in the studio to discuss the biggest stories they've been looking at this week. On our show today; more Doom and Gloom over Brexit, this time it's the IMF piling on. Are you sure your bank account is secure? Well there's a number of very sophisticated scams going around, so stay alert. And then, we look at the most (and least) valuable subject choices at University. All this and more on This is Money, presented in partnership with NS&I.
In the wake of the Panama Papers revelations, The European Commission recently announced it would be taking steps to increase tax transparency, and crack down on off-shore havens.
Under new proposals revealed on April 12th, the Commission will be putting forward legislation, requiring firms operating in Europe with sales of over £600m to publish details of how much they earn and how much tax they pay on a country-by-country basis.
To offer his analysis of the proposals, Ed Mitchell from Investment Perspectives is joined by Alex Cobham, Director of Research at the Tax Justice Network.
Josh Lowe, reporter at Newsweek, discusses the Vote Leave campaign which has been announced as the official opposition in the Brexit debate. Josh discusses what this means and whether it matters, whilst also looking further into the John Whittingdale revelations and whether David Cameron is losing trust over the EU.
What might economic life outside of the E.U. in the event of Brexit look like? The think tank, Open Europe, says the referendum campaign has not adequately addressed this so far. Open Europe says it will be neither apocalypse nor utopia. They say there will be a short term shock followed by the potential for long term prosperity if liberal economic policies are followed. On the line is Stephen Booth, Co-Director of Open Europe.
Its been almost four months since Spain's general election resulted in the radical left wing "Podemos" party holding the balance of power in the country's traditional two party system. Europe's governing elites could only look on as Spaniards - tired of corruption scandals, relentless austerity and high unemployment - defied convention to embrace a party that had only been around for less than two years. However election euphoria soon gave way to political stalemate and this week Podemos members are expected to vote on whether the party should support or oppose a deal to form a coalition government. Failure to cut an agreement could see Spain heading back to the polls in June.
Joining Juliette Foster of Investment Perspectives in the studio is Doctor Carlos Oya of the University of London, and Professor John Weeks Share Radio's regular economics commentator.
Jack Sommers, of The Huffington Post, discusses the latest in the world of politics. Among the topics covered, Jack discusses the MPs publishing their tax returns, the return of David Miliband to British politics and mayoral candidate Sadiq Khan, who exclusively told The Huffington Post that Zac Goldsmith’s divisive campaign is putting Muslims off taking part In politics.
Arguments have been made for and against leaving the EU on a political and economic basis, but what about an ecological one? An EU Referendum debate due to take place will look at the environmental impact of a Brexit. Matt Cox spoke to Martin Harper, the Director of Conservation at UK charity the RSPB, who explained natures relationship with politics and how the system currently works.
Beset by its longest recession in 20 years, Russia is losing the economic prosperity that many Russians had regarded as the hallmark of Vladimir Putin's rule. But the Russian leader, who was heavily implicated in the Panama tax papers, remains hugely popular and a strong figure abroad. Robert Van Egghen examines whether further economic issues could unravel Putin's rule.
From Libya to Daesh, and the debate over the future of Trident, there always seems to be money for war. But are there better ways to spend it? Marc Shoffman speaks to Andrew Smith, from the Campaign Against Arms Trade, looks at whether action against military spending is necessary, while Shuaghan Dolan, from Conscience, explores how the government could deal with global issues such as Isis. Reverend Mark Woods, contributing editor of Christian Today, also explains whether you are pacifist if you are religious.
As Apple turns 40 this week, Adrian Day, Independent brand consultant and Associate Consultant for Brand Consultancy, explains to Nick Peters how the brand constantly reinvents itself, while also sticking to core original principals. Adam Reynolds, from Intermarketing Agency, also discusses Donald Trump’s marketing tactics to advertise and promote himself and his campaign during the US election. Finally, Nick speaks to Richard Armstrong, Chief Strategy Officer and Founding Partner of Kameleon, looks at brands and the crossover between branding and advertising in online content and how this could potentially mislead the customers.