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This is Money Podcast

The economics of Brexit - This is Money podcast

This is Money Podcast

This is Money

Business, Investing, Business News, News

4.4735 Ratings

🗓️ 19 February 2016

⏱️ 53 minutes

🧾️ Download transcript

Summary

What would Brexit mean for the UK economy?

It is said Great Britain used to rule the world.

Today we’re just a small part - albeit an important one - of Europe, with a few remaining outposts - most notably a couple of bailiwicks in France, an island in Argentina and a rock in Spain.

And now our role in Europe is under threat. Or is it?

Do we accept what some vocal business leaders have said this week and remain a loyal insider of this massive single-market economy?

Or do we vote with our old-fashioned angry hearts and try to recreate life in the 1970s?

The debate has started and is getting raucous.

Thankfully in this week’s brilliant podcast This is Money editor Simon Lambert, ace investing and pensions reporter Tanya Jefferies and Share Radio money supremo Georgie Frost manage to take a rational look at the issues in hand.

On the subject of loyalty…

Big business is not always our friend.

Take insurers. Did you know our readers and listeners are saving up to £500 a year by refusing to pay ridiculous premium hikes on their home and car insurance?

It doesn’t pay to be loyal.

Loyalty credit cards, where you earn points for getting into debt, are on their way out and companies are rolling back the benefits of loyalty schemes.

Also this week:

Work until you diePensions nonsenseRobots at work Scam of the week

And

More.

Follow us on Instagram @dmgnewmedia.

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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

This is Money, brought to you in partnership with NS&I, giving you 100% security for your savings.

0:17.6

A very warm welcome to This Is Money and Share Radio podcast in partnership with NS&I.

0:22.7

I'm Georgie Frost here with you on DAB online and through the Share Radio mobile app every weekday from 9 until midday sharing ideas about money.

0:31.4

I'm joined in the studio by editor Simon Lambert and investing reporter Tanya Jeffreys from the award-winning This Is Money. To talk through some of the top money stories on their website, they've been investigating over the last seven days and on the agenda today.

0:44.3

Deal or no deal as the focus continues to shine on the UK's relationship with the EU.

0:58.5

Is the debate around staying or going too dominated by business and the effects on the economy?

1:04.3

One hedge fund manager certainly thinks it might be.

1:06.4

And what about us?

1:07.4

The great British public who will at the end of the day have to vote on this.

1:11.6

It's better to be part of the party than on your own looking through the window.

1:15.6

We're actually propping up the EU.

1:17.6

I would like to see us move back towards an economic community rather than a political community.

1:25.6

Also today, as this week we heard that unemployment is still at record lows, don't get too comfy.

1:30.3

We explore the rise of the robots with threats

1:33.3

tens of thousands of roles advertised now will be obsolete in 20 years.

1:38.3

It's a call to action to really make sure your skills are up to date,

1:41.3

they're relevant to the market, and you're really

1:44.9

making yourself relevant to the new workforce. So is your job safe in the next industrial revolution?

1:50.6

We find out where in the country and what roles are most at risk. Also, take note to young people.

1:56.0

As you're being warned, you may have to work until you drop if you want a decent pension.

2:02.2

And the woes of youth continue, I'm afraid, with house prices rising three times faster than wages. Is the dream of

2:07.8

home ownership fast becoming the preserve of the old and the rich? This is evidence really that we're

...

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