costoflivingcrisis

In the week between Christmas and New Year, we’re listening back to some of our favourite episodes of 2023.

A Times journalist went undercover to show that British Gas obtained court warrants to break into customers’ homes to force fit prepayment meters. The investigation led to immediate responses from the company, the regulator and from government. So how did the investigation unfold?

This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: thetimes.co.uk/storiesofourtimes.

Guest: Paul Morgan-Bentley, Head of Investigations, The Times.

Host: Manveen Rana.

Clips: Times Radio, Sky News, BBC, Parliament.

Hosted on Acast. See acast.com/privacy for more information.

Inflation, interest rates, growth and taxes - they’re terms we hear on the news every day, but what impact do they have on our everyday financial lives? In a Money Clinic episode recorded in front of a live audience at the Bristol Economics Festival, host Claer Barrett hears from Sarah O’Connor, FT columnist and associate editor, and Susannah Streeter, head of money and markets at Hargreaves Lansdown. Plus, the audience pitches in with questions about property, mortgages, student debt and getting started as an investor.

For more information about the Bristol Festival of Economics, go here

For more about the FT’s Financial Literacy campaign, go here

Free links to FT articles:

AI shakes up the way we work in three key industries

Stagnation nation: governing the UK when ‘there is no money’

Low income borrowers hit hardest by Bank of England rate rises

UK households still under pressure despite lowest inflation in 2 years

If you’d like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help. 

Follow Claer on X, formerly Twitter, and Instagram @Claerb

Presented by Claer Barrett. Produced by Philippa Goodrich, Tamara Kormornick and Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music. Cheryl Brumley is the FT’s global head of audio.

With thanks to Zoe Steadman-Milne of the Bristol Festival of Economics

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

The Times Briefing for the Morning of Tuesday 7th March

For more on these stories throughout the day tune into Times Radio - on DAB, online, through your smart speaker or on the Times Radio app  

Hosted on Acast. See acast.com/privacy for more information.

The war, covid and lockdowns are all having huge impacts on our income and quality of life. Your spending power as a consumer is the lowest it has been in 40 years. In this episode, Rob talks about why this is and more importantly, the solution to not just survive in this crisis, but thrive.

Tiny.cc/robsubs

KEY TAKEAWAYS 

• Prices are increasing at a rate not seen for over 30 years across the board, from fuel to real estate and travel. Inflation in the UK is over 10%.
• Make sure you get out of debt, even if you have to significantly reduce your spending. Interest compounds and if the cost of living is increasing so will your interest rate so you will be hit twice.
• Make a budget, adjust your living costs and aim to save 5-10% of what you earn.
• Once you have a good amount of savings as an emergency fund, start to invest. Savings will not make you rich, you can’t save yourself to wealth but you can invest your way there.
• Where there is crisis and recession there is also opportunity. Look for the opportunities surrounding you and remember, more millionaires are made in a recession than any other time.

BEST MOMENTS 

“Your spending power is the lowest it’s been in 40 years”

“The more information we can share with one another, the more we can arm ourselves with”

“Are you making a plan, are you budgeting, are you investing, are you being careful where you spend, are you getting ready?”

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter  

https://robmoore.com/podbooks

 rob.team 

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “Disruptors”

“If you don't risk anything, you risk everything”

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979

disruptive, disruptors, entreprenuer, business, social media, marketing, money, growth, scale, scale up, risk, property: http://www.robmoore.com