It's This is Money, your essential week's round-up of the biggest money stories in the UK and abroad. This week, guest-host Sue Dougan teamed up with Editor Simon Lambert and Personal Finance Editor Rachel Rickard Straus from the Financial Website of the Year, This Is Money. On the agenda today; A further rate cut looks unlikely for now, but that's not stopped the banks from taking full advantage of the chance to punish savers and borrowers alike. Meanwhile, a Pensions Roadblock is what we're calling people scared off from trying to get their nest egg in order. Is it just a bit complicated, or totally hopeless? And we'll also be taking a look at a new book on the hidden threat of Big Data: it's Weapons of Maths Destruction.
This is Money is presented in partnership with NS&I.
Nick Peters is joined in the studio by Kevin Pratt web editor at MoneySuperMarket.com. Today they discuss Oxfam findings on growing levels of inequality in the UK as well as a look at the new plastic five pound note entering circulation today. Plus why the cost of job interviews is reaching an average £150. All these stories and more on The News Review.
Georgie Frost is joined by Sara Benwell, Digital Editor of Pensions Insight and Engaged Investor. Today they discuss the latest allegations facing MasterCard over unlawfully high fees as well as the upcoming Autumn Statement from Chancellor Philip Hammond. Plus are major mobile phone companies dominating the airwaves to stifle competition? All these stories and more on The News Review.
Georgie Frost is joined in the studio by Share's senior analyst Ed Bowsher. Today they discuss calls to limit further increases to the minimum wage as well as the continuing rise in PPI complaints. Plus they look at the new iPhone 7 unveiled today. All these stories and more on The News Review.
New TV licensing rules are making it illegal to use the BBC iPlayer app to watch the corporation's programmes without paying the licence fee. Up to now, only live content has been covered by the £145.50 annual licence, with online viewers having to confirm they have paid before they can watch a live feed of BBC channels. This policy is being extended to the catch-up service.
Media Commentator Maurice Smith joined the show to discuss further.
What would it take to retrain people to use computers and the internet more effectively? The UK is currently in the grip of an IT skills crisis with an estimated 12.6 million lacking even the most basic digital skills. Byron Nicolaides, President of the Council of European Professionals Informatics Societies (CEPIS), discussed.
Ed Molyneux, CEO and Co-founder of cloud-based accounting platform FreeAgent, joined the Directors’ Briefing sponsored by Hewlett Packard Enterprise, to discuss the new research suggesting nearly half of SMEs are unaware of digital tax returns. So what are the government's plans to make tax digital?