It's time for our weekly catch up with MoneyWeek magazine, not with Merryn Somerset Webb this week, instead with John Stepek, Executive Editor of the magazine. John joined Share Radio's Ed Bowsher on the line to preview articles from this week's issue.
The Bank of England has raised its forecast of economic growth to 2% this year, up from the previous forecast of 1.4%, with an increase from 1.5% to 1.6% for next year.
The base rate is unchanged at 0.25% and the bank's quantitative easing or money-printing programme will also continue as planned. The Bank's announcement has triggered a 0.8% fall in the pound at $1.26.
Chris Beauchamp, chief market analyst at IG, joined Share Radio's Ed Bowsher to cover the big economic news of the day, including the government White Paper, Reckitt Benckiser's deal and more.
The Bank of England has raised its forecast for economic growth this year, the bank now expects growth of 2% this year up from the previous 1.4% forecast. The base rate has been left unchanged at 0.25% and the quantitative easing programme will continue this year as planned. Share Radio's Ed Bowsher spoke to Philip Booth, Professor of Finance, Public Policy and Ethics at St Mary's University to get some analysis on this. Philip is also a former adviser to the Bank of England on financial stability issues.
The Government has now published its Brexit White Paper. David Davis, Secretary of State for Exiting the European Union, reiterated a 'mutually beneficial' exit would be crucial. To discuss this in more detail, and the wider Brexit situation, Share Radio's Ed Bowsher was joined on the line by Joe Owen, Researcher at the Institute of Government.
Investors are already feeling Brexit's impact but this hasn't dampened growth prospects. Consultancy EY found more than half of global investors want to grow their presence in Europe despite uncertainty. Andy Baldwin, EY area managing partner for Europe, Middle East, India and Africa, explained more with Share Radio's Peta Fuller.
Donald Trump's made his Supreme Court nominee - Judge Neil Gorsuch is now in line for a seat on the nation's top court and would replace Justice Scalia. And the appointment looks to be filibusted in what's been a chaotic week for the new President. Robert Singh, professor of Politics at Birkbeck College, University of London, joined Share Radio's Ed Bowsher to discuss this story.
As Brexit Bill debate continued in the Commons today, the Prime Minister told MPs the promised White Paper on the subject would be published on 2 February. For the latest on parliament, Share Radio's Ed Bowsher was joined by John Ashmore, Chief Reporter at PoliticsHome.
Despite positive figures, why are profits not going up at Apple? Plus management shuffles at the top for TalkTalk, Wizz Air profits double but share price still falls, and gold miner Centamin gets generous with dividends. For analysis on this and more, Financial Orbit's Chris Bailey joined Share Radio’s senior analyst Ed Bowsher.
TalkTalk chief executive Dido Harding to depart, UK house prices inch upwards according to Nationwide and good days for both the FTSE and pound - what's driving that? For these and more Chris Justham, relationship manager at Seven Investment Management, joined Share Radio's Ed Bowsher to discuss the day's need-to-know economic stories.
Shares in Ocado are up 9 percent today after the internet grocer announced a 20 percent rise in profits last year. On such strong results, why hasn't Ocado seen more deals with other grocers yet? Nick Carroll, Senior Retail Analyst at Mintel, joined Share Radio's Ed Bowsher for more detail.