4.1 • 650 Ratings
🗓️ 10 September 2021
⏱️ 58 minutes
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0:00.0 | Welcome to This Is Money Podcast. I'm Georgie Frost and alongside me and editor, Simon Lambert. |
0:04.5 | Today is Pensions and Investments editor Tanya Jeffries. And coming up, what a week. Not one, but two |
0:11.1 | manifesto promises broken. The pension's triple lock has been picked and a tax rise to pay for social |
0:16.8 | care. Bold decisions, but are they the right ones? Also today, state pension chaos, frustration and |
0:23.0 | hardship for new retirees, with first payments taking months to arrive. What is going on at DWP? |
0:29.6 | Your shares have tumbled, so do you sell or buy even more? And AA says electric car ranges are far |
0:36.1 | better than drivers think. |
0:38.0 | So what needs to change to boost sales? |
0:41.0 | Don't forget, you can stay up to date with all the latest breaking money news. |
0:43.6 | Just go to this ismoney.co.uk or download the app. |
0:47.3 | But first, after months of speculation, just like that, the government's Gordian lock has been cut. |
0:53.5 | So no 8.8% rise in the state pension |
0:56.6 | as the wages element of the triple lock has been removed temporarily. The Chancellor and the |
1:01.4 | Prime Minister chose a good day to bury bad news, hiding it under even more hard news, |
1:06.6 | a national insurance rise to pay for the NHS baglog and our troubled social care system. |
1:11.6 | Both decisions broke conservative manifesto promises made in 2019. |
1:15.5 | But before we get to the details, briefly from both of you, the politics, brave, much-needed |
1:22.4 | moves for a country getting out of a devastating pandemic or a stab in the back for conservative ideology |
1:29.9 | and voters, among other criticisms that have been levelled at them. I do appreciate it's a Gordian |
1:35.7 | knot, but I was trying to play with the Gordian lock, triple lock thing then. But essentially, |
1:40.3 | what looked like an intractable problem has just been sliced. So, Simon, politically speaking, though, what was your instinct? |
1:50.2 | Well, I think two things, really. |
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