This is Money Podcast8 Jul 2022

What will Boris's downfall, a new Prime Minister and Chancellor mean for the economy and our finances?

Boris Johnson finally came unstuck this week and resigned as Prime Minister after one scandal too many caught up with him.

Whatever you thought of the PM - and he certainly has the ability to divide a room almost as well as he can entertain it - there is no doubt that this ushers in another bout of 'what next?' instability for Britain.

The economy is struggling, an inflation crisis is in full swing and the Bank of England is raising rates into a recession, yet at the end of a tumultuous week we are not just down one Prime Minister but a Chancellor and aren't quite sure if the new man in the job will be sticking around very long.

The new Chancellor, Nadim Zahawi, reportedly has designs of his own on the job next door at Number 10 and even if he makes an unsuccessful leadership bid, will a rival want him sticking around.

On this week's podcast, Georgie Frost, Tanya Jefferies and Simon Lambert look at what the change in Prime Minister could mean for the UK's economy, businesses and households - and what a new Chancellor might do and the challenges they will face.

Also, on this week's show, some big UK name household shares have taken a beating this year, but which would the experts pick as having fallen too far and are ripe for a bounce back.

The team look at whether with rates rising, a ten-year fixed rate mortgage is a good move and Tanya talks us through the latest round of state pension mistakes and what the DWP is doing.

And finally, will you end up with a bit more cash when you get paid this month. Yet, another National Insurance change is kicking in, here's what it means.

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.

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(658)

Should we raise state pension age or axe the triple lock?

The rise in the state pension age looks likely to speed up again, as it was revealed this week that the Government has already been banking the gains.It is now almost certain that the state pension ag...

17 Jul 41min

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?

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

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?

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?

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

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 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