What drives you mad. How mortgage lending works. The end of the world.

What drives you mad. How mortgage lending works. The end of the world.

It’s amazing isn’t it? We’re a service economy with a heavy reliance on financial services but when it comes to customer services and financial services, we’re useless.

Our email inbox is permanently full of complaints about companies that refuse to help their customers – as is our old-fashioned post bag.

For the ninth year running the Wooden Spoon awards are upon us, where we highlight the most complained about companies and organisations of the year and ask readers, listeners and viewers to vote for the absolute worst. Last year the BT chief executive collected the award.

This year, the execrable Southern Rail makes the shortlist as it enters the festive period without a timetable and none of the bosses in jail.

Who gets your vote?

Join Rachel Rickard Straus (British Gas), Lee Boyce (Banks – all of them) and Georgie Frost (Southern Rail) for a fabulously entertaining look at some of things we hate with a passion.

Also on the show…

  • We look at how mortgage lending works. Did you know they have lending quotas and when the cash runs low, the rates go up and vice versa. Nowt, necessarily, to do with any outside economic pressures. Hopefully, the withdrawal this week of the cheapest ever deal is not the start of a trend.

  • Stupid house price surveys and their contradictory view of the state of the market

  • Spread betting is suddenly in the spotlight as people wake up to the fact that it’s gambling, not investing.

  • And finally, the game’s over, according to the author of a new book about financial Armageddon. We’re heading for the biggest financial crash in history and the chances of recovery from this one are smaller than the interest you can get on savings account.

Follow us on Instagram @dmgnewmedia.

Follow us on TikTok @dmgnewmedia

Follow us on X @dmgnewmedia

Email us hello@dmgmedia.co.uk

Text us 020 7938 6000.


Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

Hosted on Acast. See acast.com/privacy for more information.

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Episoder(657)

Is a mansion tax for properties 'worth' £1.5m or more fair?

Is a mansion tax for properties 'worth' £1.5m or more fair?

Twice as many households could be forced to pay a new 'mansion tax' latest speculation suggests - the threshold may fall from £2million to £1.5million.That rumour comes with Andy Burnham expected to b...

10 Jul 37min

Halifax to vanish as Lloyds ditches the brand - should we care?

Halifax to vanish as Lloyds ditches the brand - should we care?

Goodbye Halifax! It’s being scrapped by Lloyds after 173 years. But why would you kill off one of Britain’s best known and trusted banking brands?Georgie Frost, Lee Boyce and Simon Lambert discuss the...

3 Jul 48min

Bonus episode: Bank of England's Victoria Cleland on the future of cash - and wildlife on banknotes

Bonus episode: Bank of England's Victoria Cleland on the future of cash - and wildlife on banknotes

On this bonus episode of the This is Money podcast, Lee Boyce speaks to Bank of England chief cashier Victoria Cleland on her views over the future of cash.We talk about why preserving choice in payme...

1 Jul 15min

Can Andy Burnham fix Britain's tax and financial headaches?

Can Andy Burnham fix Britain's tax and financial headaches?

Another one bites the dust. Sir Keir Starmer has resigned just two years in to being Prime Minister.This latest rotation of Britain's PM merry-go-round comes despite Starmer having done nothing partic...

26 Jun 42min

Should you ask for an early inheritance?

Should you ask for an early inheritance?

Most families don't pay inheritance tax but those that do can get hit with huge bills running into hundreds of thousands of pounds.With pension pots soon to be included in calculations, this is going ...

19 Jun 49min

House prices vs inflation: The slow motion property slump

House prices vs inflation: The slow motion property slump

Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us hello@dmgmedia.co.ukText us 020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen...

12 Jun 39min

The big inheritance shake-up for unmarried couples - and what it means

The big inheritance shake-up for unmarried couples - and what it means

The government is planning a major inheritance shake-up for unmarried couples but does it go far enough and will it trigger a wave of disputes?On this week's podcast Georgie Frost, Lee Boyce and Simon...

5 Jun 52min

Would you take a £1m lump sum or £1,000 a week for life?

Would you take a £1m lump sum or £1,000 a week for life?

It's the sort of theoretical question you might discuss at the pub with your mates. If you won the lottery and had the choice, would you pick a £1million lump sum, or take £1,000 a week for life? Pol...

29 Mai 39min

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