• Home
  • Episodes
  • About
    • Awards
  • Contact

Make the most of your money

martin@icfp.co.uk
Informed Choice RadioInformed Choice Radio
  • Home
  • Episodes
  • About
    • Awards
  • Contact
ICR275: What an interest rate rise will mean for you

ICR275: What an interest rate rise will mean for you

20/10/2017 Posted by Martin Bamford Podcast No Comments

ICR275: What an interest rate rise will mean for you

In today’s episode, I’m looking at interest rates – how likely are they to rise next month, and what would any rate rise mean for your personal finances?

There’s also a roundup of the latest personal finance news and the aftershow, where I share some news from the world of Informed Choice.

Subscribe in Apple Podcasts | Click to listen now | Right click to download episode

Personal finance news

-The Financial Conduct Authority has estimated that 4.1 million people are in financial difficulty. The research shows financial difficulty is often caused by missing a domestic bill or debt repayment.

-Price inflation, as measured by the Consumer Prices Index, has reached 3% in the UK for the year to September. It’s up from 2.9% in August and represents the highest level since early 2012.

-Fund provider Vanguard has warned about the risks of record stock market highs. Vanguard boss Bill McNabb has said the markets could be in for a “decent-sized correction at some point”.

-New data has shown house prices in London falling at their fastest pace since the global financial crisis. It means the London property market is now the worst performing part of a slowing national property market.

-Financial Conduct Authority chief executive Andrew Bailey has warned of a “pronounced” build up of debt among younger people. Bailey explained that young people are often having to borrow money to meet basic living costs.

Useful links

–Hiding in the Bathroom: An Introvert’s Roadmap to Getting Out There (When You’d Rather Stay Home) by Morra Aarons-Mele

–Harriman’s New Book of Investing Rules: The do’s and don’ts of the world’s best investor

Get answers to your personal finance questions

Do you have a personal finance or investing question for Martin?

Email martin@icfp.co.uk or ask on Twitter @martinbamford.

You can call our dedicated podcast voicemail line on 020 8144 2745 with your question or visit www.icradio.co.uk/voicemail to leave an online voice message.

Subscribe in Apple Podcasts | Click to listen now | Right click to download episode

No Comments
0
Share

About Martin Bamford

Your host for Informed Choice Radio is Martin Bamford, an award-winning Chartered Financial Planner and Fellow of the Personal Finance Society. Martin is Director of Client Education at Informed Choice and the author of several personal finance books including The Money Tree, Brilliant Investing and How to Retire 10 Years Early.

You also might be interested in

ICR013: Boosting financial knowledge for higher investment returns

ICR013: Boosting financial knowledge for higher investment returns

Feb 27, 2015

Did you know that people with better levels of financial[...]

ICR343: Interest rates are going up!

ICR343: Interest rates are going up!

Aug 3, 2018

Interest rates went up this week, for only the second[...]

ICR286: Christin ter Braak-Forstinger, Conscious Investing

ICR286: Christin ter Braak-Forstinger, Conscious Investing

Nov 27, 2017

My guest on the podcast today is Dr Christin ter[...]

Leave a Reply

Cancel Reply

Latest episodes

  • Expensive Funerals & Risky Bitcoin
  • What were the top 10 Informed Choice Radio episodes in 2020?
  • What does a no-deal Brexit mean for your money?
  • What an international tax laywer thinks about a one-off wealth tax in the UK
  • Covid cards, lottery ban, & mysterious monoliths

Subscribe to Informed Choice Radio

 

Like us on Facebook

Get social with us!

About us

Welcome to Informed Choice Radio, the personal finance podcast all about achieving your financial goals and living a better life.

Find us here

  • Martin Bamford
  • Informed Choice Ltd
  • Sundial House, 20 High Street
  • 01483 274566
  • martin@icfp.co.uk
  • www.icfp.co.uk
  • martinbamford

Fresh from our podcast

  • Expensive Funerals & Risky Bitcoin
  • What does a no-deal Brexit mean for your money?
  • What an international tax laywer thinks about a one-off wealth tax in the UK
  • Covid cards, lottery ban, & mysterious monoliths
  • What We Think When We Think about Wealth, with Dr Rainer Zitelmann

© 2021 · Informed Choice Ltd. Site by Bamford Media

  • Home
  • Contact
Prev Next
This site uses cookies: Find out more.