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.
How important is imagination? And is there a science to it? Georgie was joined by Jerry Rhodes, author of a book that tackles this very subject... his book " I Wonder: The Science of Imagination" tackles the mysterious subject of imagination through a scientific lens.
Tempted to go self-employed but worried about the costs? You're not alone? According to research whilst two fifths of us want to be our own boss less than five percent actually plan to go it alone in the future. Going self-employed can offer many advantages, not least flexibility and more family time, however many are put off by financial uncertainty. To find out more about what's holding us back Share Radio's Tom Hill spoke to Jackie Leiper from the Centre for the Modern Family.
Today is Time to Talk Day, where we're being encouraged to talk more openly about mental health. The day has been launched by mental health campaigners Time to Change, and as part of their research they have revealed that of those who have experienced stigma and discrimination, almost 1 in 5 lost their job. Joanna Kowalski is from the charity and joined Georgie to discuss 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.
Georgie Frost was joined by Kevin White, Head of UK Financial at De Vere. Today on the agenda, they discussed how nearly a third of us haven't put any money aside for a "rainy day". Plus they look into why more than half of workers over the age of 50 have switched careers at least three times. All these stories and more on The News Review.
Now it's time to review some of the biggest political stories. Georgie Frost joined by Josh Lowe, Reporter at Newsweek. Let’s start with the vote in the House of Commons last night. MPs voted in favour of a bill giving consent to government to leave the EU.
Joining us to discuss what the main market headlines of the morning are is Share Radio's very own Juliette Foster. Vodafone has released a quarter trading update. And Royal Dutch Shell has released results this morning so what does it suggest about the commodities sector? Plus Reckitt Benckiser, the consumer goods giant behind Dettol and Nurofen, has announced they are in advanced takeover negotiations.
A leaked report seen by the Guardian says The European commission’s Brexit negotiators must strike a workable deal to protect the City of London. The financial centre is seen as critical to the economic health of other countries in the EU. It comes as the governor of the bank of England Mark Carney claimed there were greater short-term risks to the continent than there were to the UK. Share radio's James Brydges spoke to Nicolas Veron, Senior Research Fellow at Bruegel.