The single market. The customs union. Making a deal with the EU or leaving on WTO terms. There’s a lot of jargon to contend with when we’re discussing the economics of Brexit. Sometimes it feels like we get so caught up in pretending we know what it all means that we forget to talk about the impact it’s going to have on people’s everyday lives. When we leave the EU, will some people lose their jobs? Will the things we buy become more expensive? Will businesses do better or worse under new trading rules?
This week, Ayeisha Thomas-Smith is joined by Annie Quick, Subject Lead for Inequality at the New Economics Foundation and Sam Lowe, who leads on trade and Brexit at Friends of the Earth.
Adam interviews the founders of a fast-growing drinks company called Collagin, a new gin brand that contains the protein collagen. Two women from a background in the creative industries are making waves in the male-dominated drinks and spirits sector. Do female entrepreneurs think differently to men, and does it bring advantages?
Political commentator Mike Indian, author of the Groucho Tendency blog, discusses with Simon Rose where we are (if anywhere) with Brexit negotiations, the lessons that should be learned from the Westminster Sex scandal and where the resignation of two ministers leaves the Tory party.
A recent mass leak of financial documents, branded the Paradise Papers, has caused many people to call for the Govenmernt to take decisive action against tax avoidance. We’re joined by the IEA’s Research Director Dr Jamie Whyte, and Head of Financial Services Diego Zuluaga, to discuss the role of tax havens and the legal and ethical questions around tax avoidance. Interviewed by the IEA’s News Editor Kate Andrews, the pair discuss the fallout from the Paradise Papers, and whether it’s moral to minimise one’s tax burden using off-shore accounts and other structures. Finally, Diego and Jamie explore the role that off-shore funds will play in an increasingly globalised world.
Steve Caplin finally gets his hands on the iPhone X (is this a modern form of idolatry?). Also Uber and NASA's flying taxi, Facebook tackling nude photos and a cure for all those socks that go missing.
On this new edition of Inside Business Matthew Cook will discuss the world's most profitable firm: Apple. The Paradise Papers show a secretive new structure that would enable Apple to continue avoiding billions in taxes. Matthew spokes with our regular contributor BBC world service business reporter Howard Musteo and Professor of Economics Kingston University and author of Debunking Economics Steve Keen.
In this weeks Mobile News Matthew Cook discusses the second incarnation of The Markets in Financial Instruments Directive other wise known as MiFID II due to come into force this January 3rd. He spokes with Ian Bevington marketing manager at Oak, a company that provides software specifically to support MiFID.
Today you’ll hear an update from our Brexit Unit, led by Chief Economist Julian Jessop. Julian and Digital Officer Madeline Grant give the latest updates from the negotiations currently underway in Brussels, and discuss what sum – if any – Britain will be likely to pay in a so-called “Brexit Bill”. Julian goes through some of the sums and demands currently in play, and examines what Britain may be owed, in terms of EU assets.
In the latest Money Makers podcast Trevor Greetham, responsible for multi-asset investment strategy at Royal London Asset Management, one of the UK’s biggest pension fund and with-profits investment firms, explains what is driving the firm’s current thinking and why he thinks the current bull market in equities could continue for another 1-2 years. Mr Greetham is a 25 year veteran of the investment business, and one of the UK’s higher profile strategists, having previously worked at Fidelity and Merrill Lynch. Topics covered include not just stocks and bonds, but Brexit, inflation, interest rates, annuities and pension drawdown.