This is Money show - The death knell for diesel?
This is Money Podcast
This is Money
4.4 • 735 Ratings
🗓️ 24 September 2015
⏱️ 52 minutes
🧾️ Download transcript
Summary
This week will go down in history as the one Volkswagen got found out.
Doctoring emission tests on its diesel engines will cost the car company billions of pounds and cause untold damage to the reputation of Germany as a maker of trustworthy things.
Simon Lambert and Lee Boyce join Share Radio's Georgie Frost to discuss whether this scandal could go as far as killing off the diesel engine.
Other legends and lies on the agenda are...
The return of the highwayman - yes, really - as a new type of crime hits our streets
Britain's household debt is simply unaffordable - so when will our love affair with credit end?
When is a plastic bag not a plastic bag - a new tax that is surprisingly confusing
Just because you're old and own an expensive house doesn't mean you can downsize
And wouldn't it be funny if a bank paid more interest the more people liked its Facebook page? Well it's here.
#vw #volkswagen #diesel #facebook #debt #crisis #legends #lies #downsizing #bighouse #highwaymen
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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
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Transcript
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| 0:00.0 | A very warm welcome. I'm Georgie Frost and this is the This Is Money and Share Radio podcast. You can catch me on digital online and through the Share Radio mobile app every weekday from 9 until 1. |
| 0:22.0 | In the studio with me today for our weekly catch-up editor Simon Lambert back, |
| 0:25.7 | joined by Consumer Affairs editor Lee Boyce and on the agenda today. |
| 0:30.1 | That's all, Volks. |
| 0:31.3 | Our company was dishonest, and in my German words, we have totally screwed up. |
| 0:36.5 | VW's chief exec steps down as it's claim the car manufacturer could be facing Britain's |
| 0:41.9 | biggest ever class action lawsuit. |
| 0:44.3 | If it is found that UK cars are indeed affected, they have potential claims in breach of contract |
| 0:50.8 | and under UK consumer legislation. |
| 0:53.4 | The scandal's been called the LIBOR moment for the automotive industry, but does it also |
| 0:57.6 | signal the death knell of diesel, especially as the government continues its diesel U-turn, |
| 1:02.6 | we investigate that, and also the return of the highway robber. |
| 1:06.9 | Those with luxury four by fours in the capital may want to listen up to. |
| 1:10.3 | Also on the agenda today, let them eat credit. |
| 1:13.3 | Britain is a nation that persists in living above its means, so says Simon. |
| 1:17.2 | For how long can it continue? |
| 1:19.0 | Mark Carney talks legends and lies as the threat of China continues to loom large over the global economy. |
| 1:25.0 | Also, the government takes action as confusion continues to rain |
| 1:29.3 | over plastic bag tax. |
| 1:31.3 | From the 5 October 2015, large shops in England will have to charge five pence for all |
| 1:39.3 | single-use plastic carrier bags they provide. |
| 1:42.3 | I'll tell you what, the definition of a plastic carry bag |
... |
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