Welcome to the This is Money Show on Share Radio, brought to you in partnership with NS&I. The starting gun was finally pulled on Brexit negotiations this week with the triggering of Article 50. What will the two years bring for markets and how will it hit UK consumers? So far the previous gloomy forecasts of the Bank of England have been replaced by warnings of high consumer spending and growing household debt. Making sense of what all this means for the pound in our pockets Georgie Frost is joined by Editor Simon Lambert and Reporter Rebecca Rutt. Plus this week find out just what the price sweet spot is for the perfect bottle of wine.
Increasingly volatile spending patterns could start to worry regulators - the latest Office for National Statistics data found savings ratios dropped to their lowest levels since records began in 1963, while disposable income for UK households has seen the sharpest drop in almost three years. Should caution return to the market? For insight into this story and more, Jeremy Stretch, head of G10 FX Strategy at CIBC Capital Markets, joined Share Radio's Ed Bowsher.
A report from KPMG for the British Hospitality Association (BHA) revealed the sector could be facing a 60,000 staff shortfall every year if EU migration was restricted. Share Radio's Ed Bowsher was joined by Vernon Hunt, Director of Public Affairs at the BHA.
The approach of the remaining 27 EU member states towards Brexit negotiations will be set out later. European Council President Donald Tusk will lay out his proposals. The UK government wants a new free trade deal to be discussed alongside any possible divorce bill. But this has been rejected by the German chancellor. To discuss what we can expect to be laid out by the European Union, Georgie Frost was joined by Ryan Heath, Senior correspondent at POLITICO Europe.
Georgie Frost was joined by Editor-in-chief of money.co.uk Hannah Maundrell this morning. Today on the agenda, they discussed how businesses will be able to choose their water supplier - in the biggest shake-up of the sector since privatisation. Plus they look into the news that the NHS, government departments, councils and other public sector organisations with over 250 workers will have to publish details on any gender pay gap. All these stories and more on The News Review.
Nigel Cassidy joined Georgie Frost to discuss the main market headlines of the morning, starting with Entertainment One and Speedy Hire. Plus we had a Share Radio Exclusive this morning - Nigel spoke with a Brit in Belgium who's seeking Belgian citizenship post Brexit. And he revealed there are up to 1,000 others looking to do the same.
Brave Bison, the independent digital media & social video broadcaster, working with the likes of Coca Cola, Microsoft, 20th Century Fox, CNBC, Universal Pictures and Google has released full year results today. Last year the company boasted a 22% increase in net revenue from from £14.6m to £17.7m. So how is the company doing now? Kevin Deeley, CEO of Brave Bison joined Nigel Cassidy to tell us more.
As Brexit talks move forward, what's the business need for a deal? What are the ten priorities for negotiation, and how bad is the need for a transition agreement? Nigel was joined by Tom Parker, a Brit who's applied to be Belgian. He's the Vice President of the British Chamber of Commerce in Belgium.
According to data released today by GfK, a market research institute, consumer confidence remains stable but still in the negative territory. Survey shows households carried on spending this month - suggesting consumer confidence has remained stable. GfK's index to measure this was unchanged from February. The finding has led the market research firm to suggest that those predicting a post-Article 50 slump "could be wrong". The negative data is most likely due to the generally bleak/unclear future of the UK economy post-Brexit. Now Theresa May has fired the article 50 gun, can we expect things to worsen in consumer confidence or be on the up? Joe Staton, Head of Market Dynamics at GfK joined Nigel Cassidy to discuss further.
Britain’s price for splitting from the EU could be as low as €25bn - much lower than the €60bn that had been suggested. That's according to influential European think-tank Bruegel. They say the final figure comes down to whether you consider coming out of the EU as like quitting a club, and therefore leaving all the club's equipment behind, or a divorce, where both parties must divide up the house. James brydges spoke to Zsolt Darvas from Bruegel, one of those responsible for the research.