meta_pixel
Tapesearch Logo
Log in
This is Money Podcast

What would YOU do if you were Chancellor for the Budget?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1650 Ratings

🗓️ 18 October 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

Whether you voted Labour or not, with any new government, there is a sense of optimism. Things can only get better… apparently.

But within days, Rachel Reeves and co poured cold water over all that - and the gloom and doom about the economy and what then could be (and crucially not be) in the Budget hasn’t stopped.

Well Simon Lambert is fed up. So he has put forward an alternative budget with less than two weeks to go. Do you agree with him? And what would you do?

Alongside Georgie Frost and Lee Boyce, the trio talk about budget pessimism. Did it need to be this way?

There has been plenty of speculation that NI paid by employers will rise and they may even have to pay NI on pension contributions. What does that mean?

This week, CPI fell below the Bank of England's 2 per cent target in September, reaching its lowest point in three years. What does that mean for interest rates?

More major lenders have put mortgage rates up - where next for home loan deals... and just what is Sonia, if not an Eastenders character or 80s pop star?

And lastly, there has been plenty of pre-budget speculation about inheritance tax. But what about the here and now... can you really get caught out by taking your extended family on an annual holiday?

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to This is Money podcast sponsored by Charles Stanley Direct.

0:06.4

I'm Georgie Frost and joining me and Simon Lambert today is Lee Boyce.

0:10.5

And coming up, wannabe Chancellor Simon Lambert has come up with an alternative budget.

0:16.4

Take note, Rachel Reeves.

0:18.3

One proposal that he has doubts over is a national insurance hike for employers.

0:23.5

Manifesto semantics, it might be, but will it end up costing you a worker money?

0:29.3

Also today, inflation fell to the lowest level in three years, but what happens next?

0:34.1

If interest rates are expected to fall, why are mortgage rates on the rise? And can

0:38.7

one elderly This Is Money Reader take their family on an annual holiday without falling into

0:44.1

the inheritance tax trap? Don't forget, you stay up today. With all the latest breaking

0:47.6

money news, just go to ThisisMoney.co.uk or download the app.

0:52.3

Take control of your finances with Charles Stanley Direct, invest, save, coach or plan using technology

1:01.4

where it's helpful and people where it matters.

1:04.8

Our website and app make trading cost effective and flexible, but we're more than just an online

1:10.0

investment service.

1:11.5

We're here for you, regardless of your financial needs, or if your life takes an unexpected turn.

1:17.3

Your finances, your way.

1:20.0

Take control today with Charles Stanley Direct. Sign up now.

1:24.2

Investment involves risk.

1:25.6

But first, whether you voted Labor or not,

1:28.6

with any new government you'd like to think there's a sense of optimism, of change.

1:33.1

Things apparently can only get better.

...

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 2025.