Will the Bank of England cut rates as soon as people think?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 22 March 2024

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Bank of England held interest rates again this week as inflation dropped once more. So, are we out of the woods yet?

Will inflation keep coming back down towards target and the Bank of England soon seamlessly switch back to cutting rates?

Or will central bankers be keen to hold onto higher rates, even if we get hit by a bout of disinflation?

On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert look at what next for inflation and interest rates and what it means for your money.

Also on the episode, should the Waspi women who saw their state pension age rise rapidly be compensated for the poor communication and how much of a victory was this week’s Parliamentary Ombudsman Waspi report a victory for them?

As that happened, more news emerged on underpaid state pensions – as exposed by our Tanya Jefferies and pension columnist Sir Steve Webb, and the team update us on that.

Plus, what’s going on with the chaos at HMRC and who is to blame for the failure to keep up with our increasingly tricky tax system.

And finally, meet the Scambaiters – we find out what they do and why.

Transcript

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0:00.0	Welcome to This Is Money podcast sponsored by Charles Stanley Direct.
0:07.0	I'm Georgie Frost and joining me and Simon Lambertay is Lee Boyce.
0:10.0	And coming up, inflation drops but interest rates hold steady.
0:14.0	What does it mean for our money?
0:16.0	A victory for waspy women, what's the latest and how much will they get?
0:20.0	Meanwhile, this is money's investigation
0:21.5	has helped track down more than half a billion pounds worth of state pension under payments
0:25.6	at the latest count. If you have a problem with your taxes this summer, and indeed every
0:30.7	summer from now on, well, tough. Lee, it is not happy. And we meet the scam baiters who try to beat the fraudsters at their own game.
0:40.1	Don't forget yourself today with all the latest breaking money news,
0:42.6	just go to this ismoney.co.uk or download the app.
0:47.5	Charles Stan Lee Direct.
0:49.8	Investing made easy.
0:52.5	Cost effective and flexible.
0:55.0	Using our website or app.
0:59.0	With our comprehensive range of investments, trade in shares, funds, investment trusts and ETFs,
1:07.0	there's a range to suit all levels of investor.
1:10.0	Choose your own or consider our ready-made solutions.
1:13.8	Charles Stanley Direct.
1:15.8	Sign up now.
1:16.6	Investment involves risk.
1:17.9	But first, we got a double whammy this week,
	...

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