Budget Day fallout - autumn style
This is Money Podcast
This is Money
4.4 • 735 Ratings
🗓️ 27 November 2015
⏱️ 55 minutes
🧾️ Download transcript
Summary
As shoppers plotted a course this week through the complicated array of bargains spewed into stores for Black Friday, the Chancellor was hatching a plot of his own to keep news of a £91bn tax raid out of his Autumn Statement.
Editor Simon Lambert and consumer affairs editor Lee Boyce join Share Radio presenter Georgie Frost for a fun look at this mini-Budget - and shopping.
As with all of these things, the devil’s in the retail.
Are graduates really going to foot the bill for increased pensions?
Are the buy-to-let tax changes going to kill off buy-to-let?
What are these help-to-buy Isas?
The Chancellor may have announced that he’s going to build 400,000 new homes – but where on Earth is he going to put them?
‘I want to see a map, George Osborne!’ demands Lee.
Simon admits to getting very excited about negative interest rates, where banks charge customers to look after their savings.
Also being discussed:
The latest news on Isa rates
When phishing scams arrive by SMS and become smishing
And shopping. Does anyone actually like the Black Friday shopping event?
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.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | A very warm welcome to This Is Money and Share Radio podcast. |
| 0:07.8 | I'm Georgie Frost here with you on DAB online and through the Share Radio mobile app every weekday from 9 until 1 sharing ideas about money. |
| 0:15.8 | I'm joined today by editor Simon Lambert and Consumer Affairs editor Lee Boyce from the award-winning This Is Money to talk through some of the stories on their website they've been investigating over the last seven days. |
| 0:25.6 | And on the agenda today, this week we asked, is it an end to austerity? |
| 0:30.6 | Osborne Palls, another rabbit, taught too out of his spending review hat. |
| 0:34.4 | But as the dust settles, economists pouring over the fine details, is it all just |
| 0:39.3 | a bit of hocus pocus? Because I've been able to announce today an improvement in the public |
| 0:43.8 | finances, the simplest thing to do is not to phase these changes in, but to avoid them all together. |
| 0:50.2 | This is absolutely not the end of austerity. We are still seeing spending across a range of departments falling. |
| 0:56.0 | We're seeing spending as a fraction of national income falling really fast. |
| 1:00.0 | Also today we investigate the greedy banks looking to use governments help to buy ICER as a cash cow by paying pittance in interest to young savers. |
| 1:09.0 | Talking of pittance, we also look at the banks that have been |
| 1:11.4 | sneakly slashing cash-eiser rates. The advice, move your money now or face becoming another victim. |
| 1:18.0 | But hey, it could be worse. It's an extraordinary move. You're paying the High Street back |
| 1:22.1 | for the privilege of having a savings account. We'll investigate that as well. And regulars to the show will have heard us mentioning fishing and fishing in the past, but the new kid on the scamming block is smithing. We explain what you need to do to avoid the fraudsters and love it or loathe it. Black Friday predicted to be the biggest shopping day ever in the UK. |
| 1:45.0 | Do you remember those scenes from last year? |
| 1:57.0 | Yes, what exactly is this shopping madness all about? |
| 2:01.7 | Is it really worth getting in on the action on days like this with Cyber Monday and Manic Monday on the horizon? |
| 2:08.3 | We'll be giving you everything you need to arm yourself and how to keep your details safe online. |
| 2:13.7 | But we are asking today, as it is Black Friday, I want to know, are you in or are you out? |
| 2:20.6 | If you are in, what have you bought? |
| 2:23.5 | A very good morning, Simon, a very good morning, Lee. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from This is Money, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of This is Money and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.