Time now to go over to the Share Centre for a review of the corporate highlights this week and a preview of what we can expect next week. Our correspondent today is Ian Forest, Investment Research Analyst.
Pride is at maximum capacity this week, as the team from This is Money take Financial Website of the Year at the Headline Money Awards, and our very own Georgie Frost picked up Financial Broadcaster of the Year. After a couple of minutes of self-congratulating, It’s time to get back to the real money talk that got us the awards in the first place. Mark Carney has warned that Brexit could have devastating effects on the UK economy, though it’s bad news for under-30s no matter what, as they’ll be the first generation to be worse off than their parents. We’ll also be looking at Challenger Banks, are they really different from the big guys? And finally, Simon indulges his love of American muscle.
This Is Money is presented in partnership with NS&I.
Share Senior Analyst Ed Bowsher is in the studio once again to go through the days top stories. On the agenda today - Bank of England governor Mark Carney warns that a vote for Brexit could cost jobs, raise prices, see the pound fall sharply and even lead to recession; MPs are warning of another PPI scandal lurking around the corner; More than 600 bank branches have closed across the UK in the last year, with rural areas worst affected; and finally, High Court judges are expected to rule later on the case of a dad who refused to pay a fine for taking his child out of school during term-time.
Paid-for video and music subscriptions have certainly seen a surge in usage over the past two years, but it seems that it's the music market that's seen the highest amplification in consumer interest. Rebecca McGrath, Research Analyst at Mintel, joined Nigel Cassidy to discuss Mintel's new report.
Once seen as a future driver of the global economy, the reality now is that the largest country in South America faces an uphill struggle. Brazil's President Dilma Rousseff has been impeached and Matt Cox has been hearing from Forbes Magazine’s Kenneth Rapoza, formerly a Wall Street Journal reporter based in Sao Paulo.
Share’s Senior Analyst Ed Bowsher joins Georgie to discuss the news of the day…Top on the agenda, housing demand, record low rates, O2, Android, Google payday lenders, energy.
Consuming Issues goes out with Georgie Frost every day from 9 to 12 on Share Radio
How would you describe your relationship with money? Do you regard it as a means to an end, or something that isn't worth thinking about until the postman drops a reminder of an unpaid bill through the mail box? It's that perception of money that will ultimately shape how well - or badly - we manage our finances. Why are some people better at handling money than others? Are they just naturally capable or do they have the right set of values to be financially successful? Those are just some of the ideas explored in the book, "Loaded: Money, Psychology and How to Get Ahead without leaving your values behind." Its author is Doctor Sarah Newcombe, a behavioural economist at the investment research group "Morningstar", who joins Juliet in the studio.
Only a few years ago Africa was seen by some as the next great emerging investment opportunity, but a recent economic slide has brought this idea into question. Share Radio's Alexi Phillips reports on what was behind the rise and fall of this optimism surrounding Africa. He spoke with Richard Dowden, director of the Royal African Society, and Simon Freemantle, Senior Political Economist at Standard Bank