Table of Contents
President Trump is back. The US election finally came to a head this week, and instead of the resounding result many expected, Donald Trump won a decisive victory over Kamala Harris.
This podcast episode has a special double-header: the team discusses the US election outcome and interest rate cuts in the first half and then celebrates the 10th anniversary of the This is Money podcast in the second.
The first is President Trump. In a sense, he is better known this time: he has already accumulated four years in the White House before. But that’s only to the extent that Donald Trump can truly become a household name and the financial world is gearing up to prepare for another rollercoaster ride.
But why is Trump’s claim for a second run for the US presidency important for our finances in the UK?
What could his policies and pronouncements mean for small investors in Britain?
And will the president-elect really increase mortgage costs for British homes?
Georgie Frost, Lee Boyce and Simon Lambert discuss the potential impact of Trump’s new presidency on this week’s show.
Additionally, the Bank of England has cut the base rate again to 4.75 percent, but warned that it expects higher inflation and slower rate cuts ahead. The team looks at what that means for our mortgages and savings.
The threat of out-of-control bamboo in people’s gardens and what can be done if a neighbor has one is also a topic of debate.
And finally, podcast fans should listen to the end of the 10th birthday talk and an announcement about some celebrations.