Is 2022 looking bleak for our finances thanks to soaring inflation?
Nov 20, 2021•42 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Inflation hit its highest level in a decade this week off the back of soaring energy costs and petrol prices.
Why is the cost of living on the rise, when will interest rates go up, and how will all this affect the pound in our pocket?
This week, Georgie Frost, Lee Boyce and Mike Sheen take a look at the 4.2 per cent CPI figure and how it is becoming harder to ‘inflation proof’ your finances.
It looks like the state pension triple lock could be doomed – that 3.1 per cent rise pencilled in for next year doesn’t look generous considering the rise in the cost of living.
There is a special delivery for Royal Mail shareholders while major banks are not only shuttering branches, but are increasingly telling customers to serve themselves.
And finally, TSB is the latest bank to offer a prize draw, is it a good alternative to Premium Bonds or simply a gimmick?
Why is the cost of living on the rise, when will interest rates go up, and how will all this affect the pound in our pocket?
This week, Georgie Frost, Lee Boyce and Mike Sheen take a look at the 4.2 per cent CPI figure and how it is becoming harder to ‘inflation proof’ your finances.
It looks like the state pension triple lock could be doomed – that 3.1 per cent rise pencilled in for next year doesn’t look generous considering the rise in the cost of living.
There is a special delivery for Royal Mail shareholders while major banks are not only shuttering branches, but are increasingly telling customers to serve themselves.
And finally, TSB is the latest bank to offer a prize draw, is it a good alternative to Premium Bonds or simply a gimmick?
Follow us on Instagram @dmgnewmedia.
Follow us on TikTok @dmgnewmedia
Follow us on X @dmgnewmedia
Email us hello@dmgmedia.co.uk
Text us 020 7938 6000.
Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane
Producer: Georgie Frost
Hosted on Acast. See acast.com/privacy for more information.
For the best experience, listen in Metacast app for iOS or Android