Have we come down too hard on buy-to-let? Plus, Rishi the PM vs Rishi the Chancellor
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 28 October 2022
⏱️ 53 minutes
🧾️ Download transcript
Summary
Meanwhile regulation has become a bugbear between the two sides, is there not enough of it or too much?
What can be done to improve things in the rental market and have we come down too hard on buy-to-let?
That’s the question asked on this week’s podcast, as Georgie Frost, Helen Crane and Simon Lambert debate the problems in the rental market.
But before that, it’s time for Rishi Sunak.
He was once the Chancellor tasked with calming our nerves during the pandemic, but now Rishi is the Prime Minister expected to settle things down after a bout of financial chaos.
Will he be able to pull that off, soothe jittery markets, navigate Britain through a painful cost of living crisis winter, and somehow please the nation while taking money off people instead of dishing it out?
The team look at what Prime Minister Rishi could mean compared to Chancellor Rishi – and what the implications for our finances could be.
Also on the agenda, there was good news for savers from NS&I this week, as rates were raised across the board, but they can get better deals elsewhere, so what should they do? Plus, what can you do to track down old pension pots and why is John Lewis annoying its loyal credit card customers?
Transcript
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| 0:00.0 | Welcome to This Is Money Podcast. I'm Georgie Frost and joining me and editor Simon Lambert |
| 0:07.2 | today is Assistant Editor Helen Crane. And coming up, what does Rishi mean for our money, |
| 0:11.8 | why tenants and landlords need to get on and NS&I get busy. Plus, how do you track down an |
| 0:18.0 | old pension and why is John Lewis winding up its customers? |
| 0:21.4 | Don't forget, you can stay up to date with all the latest breaking money news. |
| 0:24.5 | Just go to this ismoney.com.org or download the app. |
| 0:30.1 | But first, now, understandably things have been somewhat political, shall we say, of late. |
| 0:35.7 | Don't worry, we don't plan to overload you with much more of that. |
| 0:40.0 | So we are just going to touch if it's possible. |
| 0:43.9 | When I say touch, I'm rather optimistic there. |
| 0:46.8 | But on the new Prime Minister Rishi Sunak, |
| 0:48.9 | will we get more of the old Chancellor Rishi |
| 0:51.4 | or new Prime Ministerial Sunak? |
| 0:53.5 | And what will it mean for our money. |
| 0:56.8 | Simon Lambert, initial thoughts? |
| 1:00.2 | You would presume that we're going to get the steadying of the ship that has already started |
| 1:06.3 | with the introduction of stern head teacher, Jeremy Hunt, as Chancellor, rather than dish out all the |
| 1:16.7 | sweets, naughty schoolboy, quasi-quarto, and Rishi, as a former Chancellor, now Prime Minister, |
| 1:24.4 | would continue on in the same vein as he was as chancellor, but possibly without |
| 1:29.9 | the large S that came with dishing out all that cash during the COVID era. And it's easy to be |
| 1:37.0 | popular, which Rishi was, I think he did a pretty good job. When you are dishing out billions |
| 1:41.6 | upon billions of pounds, it's harder to be popular when you're trying to settle the bill for that. |
... |
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