Will stock markets keep stumbling - and how to be calm in a storm
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 9 August 2024
⏱️ 61 minutes
🧾️ Download transcript
Summary
Simon takes a look at what’s behind it all, and why investors should avoid the temptation to start tinkering with their portfolios once the horse has already bolted.
His advice is to ignore the voice in your head that says you should get out now to stave off disaster - but also pay attention to its existence.
Good news for motorists, as car insurance premiums have started to fall for the first time in two years. Or is it?
They still remain at near-record highs, and are up a whopping 48 per cent since 2022.
This is Money's Sam Barker discusses why premiums went so high, who has been worst affected, and how to keep costs down.
Staying on the topic of insurance, the UK has been gripped by riots in the past week and This is Money has been looking at what your compensation rights are if your home or car gets damaged.
Elsewhere, Sam explains the latest tactic broadband firms are using to squeeze cash out of their customers - and asks why the regulator Ofcom appears to be looking the other way.
Mortgage rates have been shifting fast this week, and Simon rounds up the latest deals.
We also answer a question from a reader who wants to know what to do with his £80,000 redundancy pay-off.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to This Is Money podcast sponsored by Charles Stanley Direct. I'm Georgie Frost and joining me and Simon Lambert today is Sam Barker. |
| 0:10.5 | And coming up, stock markets around the world saw huge falls this week, a sign of more trouble ahead or just a storm in a teacup. |
| 0:18.6 | Simon takes a look at what's behind it all. |
| 0:26.8 | Also today, Sam takes aim at sky-high car insurance premiums and rip-off broadband price rises. |
| 0:28.8 | Also today, read a question time. |
| 0:30.3 | I'm going to be made redundant. |
| 0:31.6 | What do I do with the money? |
| 0:33.4 | And can I cut my tax bill? |
| 0:40.9 | And are we about to see a fresh mortgage rate battle? Don't forget this out to date with all the latest breaking money news just to go to this ismoney.com. |
| 0:43.3 | com or download the app. |
| 0:47.2 | Take control of your finances with Charles Stanley Direct. |
| 0:50.9 | Invest, save, coach or plan. |
| 0:55.5 | Using technology where it's helpful and people where it matters. |
| 1:01.3 | Our website and app make trading cost effective and flexible, but we're more than just an online investment service. |
| 1:02.8 | We're here for you, regardless of your financial needs, or if your life takes an unexpected |
| 1:07.6 | term. |
| 1:08.6 | Your finances, your way. |
| 1:14.2 | Take control today with Charles Stanley Direct. |
| 1:16.9 | Sign up now. Investment involves risk. |
| 1:21.2 | The first, global stock markets had a torrid start to the week. |
| 1:29.2 | Japan's Nikai fell 12% on Monday. A hundred billion dollars was wiped off Australia's share market value. The tech-heavy US NASDAQ index opened 6.3% lower and the FTSE-100, well, that nose dived as well, as did others |
| 1:35.4 | around the world. I could go on. Much of the ground, though, was made up the following day, |
... |
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.