UK inflation has kept steady at 2.3% the latest data reveals. To understand the impact this will have on UK prices, and more of the big news of the day, Ed Bowsher was joined by David Stubbs, Global Market Strategist at JP Morgan Asset management.
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Original Broadcast: Share Radio Afternoon
New evidence suggests the Bank of England may have been involved in the Libor rigging scandal. A secret recording from 2008 uncovered by the BBC suggests that the UK's central bank pressured commercial banks to push Libor rates down during the Financial Crisis. Libor is the rate at which banks lend to each other, setting a benchmark for mortgages and loans for ordinary customers. In one section of the recording, Senior Barclays manager Mark Dearlove speaks to Libor submitter Peter Johnson, telling him: "The bottom line is you're going to absolutely hate this... but we've had some very serious pressure from the UK government and the Bank of England about pushing our Libors lower." Ed Bowsher was joined by Chris Justham of 7IM.
Guests: Chris Justham
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Original Broadcast: Share Radio Afternoon
Jeremy Corbyn has pledged to increase the national living wage to £10 an hour within the first months of a Labour government, a rise that would benefit nearly 6 million workers. But is it enough to sway voters in the next general election? For this and more of the day's political news, Ed Bowsher was joined by Robert Colvile, Editor of CapX.
Guests: Robert Colvile
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Original Broadcast: Share Radio Afternoon
New evidence uncovered by the BBC implicates the Bank of England in the Libor rate-rigging scandal. To discuss this and more of the day's big macro news stories, Ed Bowsher was joined by Ken Odeluga of City Index.
Guests: Ken Odeluga
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Original Broadcast: Share Radio Afternoon
Cabinet Eurosceptics reportedly backed Theresa May's softer approach to Brexit, supporting the idea of a transition period after April 2019. And, Bank of England Governor Mark Carney said that the City must not be cut off from the rest of Europe, advising against protectionism in financial markets. Asa Bennet, Assistant Comment Editor at the Telegraph, joined us for the latest political news.
Guests: Asa Bennett
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Original Broadcast: Share Radio Afternoon
Trump has launched the first military action of his presidency at a Syrian regime airbase, we discussed what the markets reaction has been. Plus, UK industrial production suffered a contraction in February and the house price growth is at his lowest in nearly four years. For all the major economic news, Share Radio's Ed Bowsher was joined by Alastair McCaig, Director of Investment Management at Fern Wealth.
Guests: Alastair McCaig
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Original Broadcast: Share Radio Afternoon
Theresa May has launched the Tory local election campaign today, saying that there are no 'no go areas' where Tories can't win. She is set to meet EU Council Chief Donald Tusk for Brexit talks later today. Rachel Cunliffe, Writer & Deputy Editor of Reaction, joined Share Radio's Ed Bowsher for all the latest political news.
Guests: Rachel Cunliffe
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Original Broadcast: Share Radio Afternoon
Asos revenues and profits are up, but its shares slid. How come? Ed Bowsher was joined by Daniel Thomas, Financial Times deputy companies Editor for a look at the day's company news.
Guests: Daniel Thomas
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Original Broadcast: Share Radio Afternoon
US futures are down, 10-year Treasury yields are at five week low, and oil prices are sliding. What's going on? Ed Bowsher was joined by Chris Beauchamp, Chief Market Analyst at IG to discuss this and more of the day's big macro news.
Guests: Chris Beauchamp
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Original Broadcast: Share Radio Afternoon
The House of Commons Brexit committee says that Theresa May's claim that 'no deal is better than a bad deal' is 'unsubstantiated'. However, the committee's verdict wasn't unanimous, only 11 of the 17 committee members supported the report. For this and more on the latest political news, Ed Bowsher was joined by John Rentoul, Chief Political Commentator at The Independent.
Guests: John Rentoul
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