Podcasts about chancellor philip hammond

Is Rachel Reeves gearing up for a standard Spring Statement — or are we in emergency budget territory? In this episode we dig into what form next week's parliamentary statement might take and why it may be more than just an economic update. We trace the history of the “one fiscal event” a year rule, explore the tough choices facing the Chancellor, and ask whether Parliament still has any real say over tax and spending. Plus, could post-legislative scrutiny finally be coming into its own?___ In this episode, Ruth and Mark cut through the fiscal fog surrounding Rachel Reeves' upcoming Spring Economic Statement — officially billed as a routine forecast update, but with growing signals it could be something much bigger. With whispers of an “emergency budget” and mounting pressure from the Office for Budget Responsibility's (OBR) latest projections, they weigh the procedural factors that will determine whether Reeves will take action now to meet her fiscal rules, or kick the tougher decisions down the road to the autumn Budget and the Comprehensive Spending Review. They also take a step back to explore how we got here. The current approach of having just one major fiscal event per year was introduced in 2016 by then-Chancellor Philip Hammond, aiming to bring predictability and control. But when long-term economic forecasts suggest those all-important fiscal rules are at risk — especially ones that stretch five years into the future — that system starts to show its cracks. They also speak to Professor David Heald, who delivers a sobering assessment of how little control Parliament has over public finances — before spending takes place. He argues that the UK's budget-setting process is executive-dominated and ripe for reform, but political incentives keep the status quo firmly in place. Later, Ruth and Mark highlight an encouraging sign of reform: the growing use of post-legislative scrutiny, with the Football Governance Bill now including a statutory review clause. They reflect on how tools like these could support longer-term thinking in Parliament — if only they were used more systematically.____

Former UK Chancellor of the Exchequer and Defense Secretary, Philip Hammond, says European countries would have to step up their own military spending but the UK needs to grow its economy first, maybe at the expense of consumption. Hammond spoke with Bloomberg's Francine Lacqua.See omnystudio.com/listener for privacy information.

Conservative MPs are lining up behind their preferred candidates to replace Liz Truss as Prime Minister. Along with Rishi Sunak and Penny Mordaunt, Boris Johnson is considered to be among the frontrunners, but former Chancellor Philip Hammond says the markets wouldn't appreciate a return to a past leader. We also hear from Will Walden, a former adviser to Johnson. Bloomberg's Yuan Potts and Stephen Carroll speak to former Lloyd's of London CEO Inga Beale about leadership in the corporate world, and lessons that could apply to the next PM, who'll have to unite a divided Conservative Party.See omnystudio.com/listener for privacy information.

Patrick Maguire speaks to former Treasury Minister John Glen, Poppy Trowbridge, who was Special Adviser to the former Chancellor Philip Hammond, Jeevun Sandher a former economist at HM Treasury and the Department of Work and Pensions and Stian Westlake, the CEO of the Royal Statistical Society to talk all things Treasury.PLUS Libby Purves and Patrick Kidd discuss England's jubilant victory and being an influencer. See acast.com/privacy for privacy and opt-out information.

It's episode 100 of the podcast. To celebrate, host Richard Hattersley has invited a couple of familiar voices back to the show to reminisce over some of the big news stories covered on No Accounting for Taste. Days after the then Chancellor Philip Hammond his Budget in late November 2017, AccountingWEB launched its podcast, No Accounting for Taste. The editorial team crowded around the microphone and dissected what was an underwhelming Budget. At the time, we questioned whether the Budget was really the best way to launch the government's fiscal policy. With two different chancellor's since Hammond and a lot of fiscal policy announcements, it's safe to say a lot has changed since then. We've also had a global pandemic, grappled with SEISS and furlough and seen IR35 eventually roll out in the private sector. On the show this week we welcome back former editor Tom Herbert and former business editor Francois Badenhorst discuss all this and more.  Richard Hattersley is also joined by AccountingWEB's tax editor Rebecca Cave to race through the big stories of the past seven days. Again, Making Tax Digital dominates the headlines. This week we heard that the gap between the amount of VAT paid and VAT expected to be paid has increased by £2.3bn during the first year of MTD for VAT.  Rebecca also summarises the issues emerging from the NIC health hike and the MTD for VAT software codes.

In today's Daily Briefing, we discuss former Chancellor Philip Hammond's attack on the government; Facebook and Instagram's ban on the Myanmar military; rules about mask wearing in schools; and our YouTube drama with Dutch news. Global Summary: https://youtu.be/lPWtu_RL_3E TLDR Global: https://www.youtube.com/tldrglobal

Preparing for and thriving in a recession Pension scams cost Brits 4 billion a year and could be the next big financial scandal according to the Sun. Problems started a few years ago after the then Chancellor George Osborne changed the rules to allow savers to access 25% of their pension pots tax-free from the age of 55. Thousands of people have since been scammed out of their money or made poor investments and lost everything. In the past, we could not touch our pensions until age 60, but the rules have become more flexible leading to some people foolishly frittering away the money that would've otherwise bought a secure pension in an annuity for life during retirement.  We know that the average pension pot of someone in the 50s is around £70,000, indicating that there will be a major shortfall in pension savings for millions of people in 10-15 years’ time. An awful lot of people will be unable to retire and some could be homeless. In other news, the current Chancellor Philip Hammond said he will resign from the government if Boris Johnson is elected leader. Hammond is a known remainer and, along with fellow remainer MP’s, may attempt to block Brexit.  The Brexit saga could run and run leaving the country and the EU in a state of limbo or uncertainty thus deterring investment. A government thinktank recently warned that a no-deal Brexit could wipe 10% off UK property prices.   The United Kingdom has a recession around every 10 years and we are 10 years on from the last recession, so it doesn’t take a financial genius to work out that we are due for one in the next few years. However, it does take a genius to tell you exactly when the next recession will be! In my experience, recessions often come from almost out of the blue triggered by an unexpected event, such as the 1970s oil crisis or the 2008 financial meltdown. Currently, we have several possible causes of recession, including Brexit, the America-China trade war and increased tensions in the Gulf after Iran seized a British oil tanker. Recessions are just part of life and they come and go, so we all need to prepare for lean times as well as good, like the Joseph story in the Bible. Joseph prophesised 7 good years, followed by 7 lean years and famine and told the Pharaoh to store grain during the good years. How many governments have enough grain in the store?   You need to ensure you are not carrying too much consumer debt or even too much good debt on properties or business when the downturn hits. On the plus side, a downturn opens up opportunities to acquire assets at greatly discounted prices. For instance, if and when the stock market has a correction, or crash, there will be a number of good company’s shares on sale at below asset value. That will be the time to buy.  The same applies to property, even if you don’t have much cash.   Can You Acquire Property With No Money Down? Yes you can! Learn multiple no money down strategies by joining me at the “No Money Down Weekend” in London on 27 July. For more information, email me at charles@charleskelly.net    

British Treasury chief Philip Hammond said Sunday that he will quit if — as widely expected — Boris Johnson becomes prime minister this week on a promise to leave the European Union with or without a divorce deal.Hammond said Johnson's vow to press for a no-deal Brexit if he can't secure a new agreement with the EU is "not something that I could ever sign up to."Hammond was almost certain to be removed from office by the new leader in any case. He has angered Brexit-backers, who now dominate the governing Conservative Party, with his warnings about the economic pain that leaving the EU could cause.Hammond told the BBC that if Johnson wins, "I'm not going to be sacked because I'm going to resign before we get to that point."Johnson is the strong favorite to win a two-person runoff to lead the Conservative Party and the country. The winner is being announced Tuesday, with the victor taking over from Prime Minister Theresa May on Wednesday.Britain is due to leave the EU on Oct. 31 but Parliament has repeatedly rejected the divorce deal struck between May and the bloc. Both Johnson and his rival Jeremy Hunt, the current foreign secretary, say they will leave the EU without an agreement if the EU won't renegotiate.Most economists say quitting the 28-nation bloc without a deal would cause Britain economic turmoil. The U.K.'s official economic watchdog has forecast that a no-deal Brexit would trigger a recession, with the pound plummeting in value, borrowing soaring by 30 billion pounds ($37 billion) and the economy shrinking 2% in a year.But Johnson, who helped lead the "leave" campaign in Britain's 2016 EU membership referendum, says a no-deal Brexit will be "vanishingly inexpensive" if the country prepares properly.The EU insists it won't reopen the 585-page divorce deal it struck with May.Irish Deputy Prime Minister Simon Coveney said Sunday that the bloc is "simply not going to move away from the Withdrawal Agreement.""If the approach of the new British prime minister is that they're going to tear up the Withdrawal Agreement, then I think we're in trouble," he told the BBC. "We're all in trouble, quite frankly, because it's a little bit like saying: 'Either give me what I want or I'm going to burn the house down for everybody."Hammond is the third U.K. minister within a week to quit or say they will resign in order to try to prevent a cliff-edge Brexit. Britain looks set for a fall showdown between the new Conservative government and British lawmakers determined to thwart a no-deal exit."I am confident that Parliament does have a way of preventing a no-deal exit on October 31 without parliamentary consent and I intend to work with others to ensure parliament uses its power to make sure that the new government can't do that," Hammond said. 

Pension scams cost Brits 4 billion a year and could be the next big financial scandal according to the Sun. Problems started a few years ago after the then Chancellor George Osborne changed the rules to allow savers to access 25% of their pension pots tax-free from the age of 55. Thousands of people have since been scammed out of their money or made poor investments and lost everything. In the past, we could not touch our pensions until age 60, but the rules have become more flexible leading to some people foolishly frittering away the money that would've otherwise bought a secure pension in an annuity for life during retirement. We know that the average pension pot of someone in the 50s is around £70,000, indicating that there will be a major shortfall in pension savings for millions of people in 10-15 years’ time. An awful lot of people will be unable to retire and some could be homeless. In other news, the current Chancellor Philip Hammond said he will resign from the government if Boris Johnson is elected leader. Hammond is a known remainer and, along with fellow remainer MP’s, may attempt to block Brexit. The Brexit saga could run and run leaving the country and the EU in a state of limbo or uncertainty thus deterring investment. A government thinktank recently warned that a no-deal Brexit could wipe 10% off UK property prices. The United Kingdom has a recession around every 10 years and we are 10 years on from the last recession, so it doesn’t take a financial genius to work out that we are due for one in the next few years. However, it does take a genius to tell you exactly when the next recession will be! In my experience, recessions often come from almost out of the blue triggered by an unexpected event, such as the 1970s oil crisis or the 2008 financial meltdown. Currently, we have several possible causes of recession, including Brexit, the America-China trade war and increased tensions in the Gulf after Iran seized a British oil tanker. Recessions are just part of life and they come and go, so we all need to prepare for lean times as well as good, like the Joseph story in the Bible. Joseph prophesised 7 good years, followed by 7 lean years and famine and told the Pharaoh to store grain during the good years. How many governments have enough grain in the store? You need to ensure you are not carrying too much consumer debt or even too much good debt on properties or business when the downturn hits. On the plus side, a downturn opens up opportunities to acquire assets at greatly discounted prices. For instance, if and when the stock market has a correction, or crash, there will be a number of good company’s shares on sale at below asset value. That will be the time to buy. The same applies to property, even if you don’t have much cash. Can You Acquire Property With No Money Down? Yes you can! Learn multiple no money down strategies by joining me at the “No Money Down Weekend” in London on 27 July. For more information, email me at charles@charleskelly.net

U.S. markets continue to break records but investors remain cautious about the health of the economy ahead of the upcoming earnings season. Facebook’s cryptocurrency Libra has come under more criticism, this time from U.S. Treasury Secretary Steven Mnuchin who has voiced concerns it could be used for illicit activities. In the UK, Tory Party leadership candidates Boris Johnson and Jeremy Hunt harden their Brexit stances but outgoing Chancellor Philip Hammond tells CNBC that he will do what he can to prevent a no-deal Brexit. And we’re live in Brussels where German defence minister Ursula Von Der Leyen faces a knife-edge vote which could make her the European Commission’s next president, or potentially cause an institutional rupture within the bloc should she not succeed.

Spain’s far-right party, Vox, has made headlines after two party officials made sexist remarks in response to a court decision involving a high-profile gang rape case known as La Manada. Iria Suárez González, 35, was hired by Oxford Primary School for just under a year as a teaching assistant. However, unknown to the school, she was once one of Spain’s most notorious killers, after her and a friend murdered a teenage girl back in 2000. ....... She was arrested however the charges of fraud by false representation were dropped due to lack of evidence. In Spain, all crimes committed by minors are “spent” after 10 years once the criminal reaches 18. However in the UK there is no such law. Travel Supermarket has said that Summer holiday demand is down compared to last year, with some British holidaymakers showing reluctance to book until they know the outcome of Brexit. Others keen to avoid Europe altogether they say. The pricecomparison site claims this uncertainty, combined with a more competitive holiday market, is driving discounts across the board. The Madrid Medical Association (Icomem) has banned Spanish doctor Isabel Bellostas for 364 days for spreading “unsupported claims, against scientific evidence,on the origin and cause of the autism spectrum disorder,” health sources have told ELPAÍS. Jumping over bonfires at midnight is one of the many traditions of the Noche de San Juan fiesta (Saint John’s Eve). The festival closely coincides with midsummer celebrations held elsewhere in Europe and the world and also comes days after the Summer Solstice. San Juan evolved out of celebrations which traditionally took place the night before Saint John’s feast day. In the UK............People don't want to hear about that kind of thing!' Boris REFUSES to answer questions about 'plate-smashing, screaming row' with girlfriend Carrie as he is cheered by Tories at leadership hustings Protesters wearing red dresses stormed the plush black tie event as Chancellor Philip Hammond delivered a speech on the 'state of UK politics' and how Brexit could impact the UK economy. Mr Field, a married father of two, is heard on the videosaying: 'Can you get this person out?' and 'that way' as the woman responds 'I'm sorry, please' and 'It's a peaceful protest.' The hypocrisy of John Major laid bare Huge thanks to Patrick Nicholls who managed to unearth this statement from former Primer Minister John Major, who has intervened on behalf of the Remain side several times throughout this campaign. The television presenter Sir David Attenborough said that humans are threatening their own existence and that of other species by using up the world’s resources. He said the only way to save the planet from famine and species extinction is to limit human population growth.

Spain’s far-right party, Vox, has made headlines after two party officials made sexist remarks in response to a court decision involving a high-profile gang rape case known as La Manada. Iria Suárez González, 35, was hired by Oxford Primary School for just under a year as a teaching assistant. However, unknown to the school, she was once one of Spain’s most notorious killers, after her and a friend murdered a teenage girl back in 2000. ....... She was arrested however the charges of fraud by false representation were dropped due to lack of evidence. In Spain, all crimes committed by minors are “spent” after 10 years once the criminal reaches 18. However in the UK there is no such law. Travel Supermarket has said that Summer holiday demand is down compared to last year, with some British holidaymakers showing reluctance to book until they know the outcome of Brexit. Others keen to avoid Europe altogether they say. The pricecomparison site claims this uncertainty, combined with a more competitive holiday market, is driving discounts across the board. The Madrid Medical Association (Icomem) has banned Spanish doctor Isabel Bellostas for 364 days for spreading “unsupported claims, against scientific evidence,on the origin and cause of the autism spectrum disorder,” health sources have told ELPAÍS. Jumping over bonfires at midnight is one of the many traditions of the Noche de San Juan fiesta (Saint John’s Eve). The festival closely coincides with midsummer celebrations held elsewhere in Europe and the world and also comes days after the Summer Solstice. San Juan evolved out of celebrations which traditionally took place the night before Saint John’s feast day. In the UK............People don't want to hear about that kind of thing!' Boris REFUSES to answer questions about 'plate-smashing, screaming row' with girlfriend Carrie as he is cheered by Tories at leadership hustings Protesters wearing red dresses stormed the plush black tie event as Chancellor Philip Hammond delivered a speech on the 'state of UK politics' and how Brexit could impact the UK economy. Mr Field, a married father of two, is heard on the videosaying: 'Can you get this person out?' and 'that way' as the woman responds 'I'm sorry, please' and 'It's a peaceful protest.' The hypocrisy of John Major laid bare Huge thanks to Patrick Nicholls who managed to unearth this statement from former Primer Minister John Major, who has intervened on behalf of the Remain side several times throughout this campaign. The television presenter Sir David Attenborough said that humans are threatening their own existence and that of other species by using up the world’s resources. He said the only way to save the planet from famine and species extinction is to limit human population growth.

Heseltine warning for the Tory party, Chancellor Philip Hammond speaks to Nick, and students could be paying off their debts in to their 60s

Chris Stokel-Walker is a British journalist specializing in YouTube and digital culture. His work has appeared in a variety of publications, including BBC, Wired, The Economist, The Guardian, and BuzzFeed. In this episode, Chris and I explore the intersection of politics and social media platforms. We discuss U.S. Senator Elizabeth Warren and U.K. Chancellor Philip Hammond’s recent critiques of large tech firms, social media’s impact on the changing nature of public speech, and the implications of fake news. Chris also shares a few findings from his upcoming book YouTubers, including the impact of YouTube’s recent policy updates, why he considers Jake Paul “the first post-modern YouTuber,” and what happens when creators outgrow the content their audience enjoys. Host: James Creech ABOUT THE SHOW All Things Video is a podcast dedicated to uncovering the past and charting the future of the online video ecosystem. Listen to interviews with founders, executives, and thought leaders from the world’s leading media companies and engage in thought-provoking debates about the issues shaping the next generation of entertainment. From the short-form content revolution to the fragmentation of video viewership in an always-on world, All Things Video reveals the key trends and insights from the world of digital media. Follow All Things Video on Facebook, Twitter, and LinkedIn for new episodes and updates! ABOUT THE HOST James Creech is an entrepreneur focused on technology, online video, and digital media. He is the Co-Founder & CEO of Paladin, the essential influencer marketing platform for media companies, agencies, and brands. OUR SPONSOR This episode is brought to you by Toonstar, an animation tech startup that produces snackable, interactive content experiences for mobile audiences. To learn more, visit toonstar.com or download the app. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

With the Prime Minister's future hanging by a thread, Sophy speaks to the Chancellor Philip Hammond, who also has some interesting things to say on a second referendum. Plus Hilary Benn - the Chair of the Brexit Select Committee - explains how MPs will try to take control next week.

The number of first-time buyers is up, says Chancellor Philip Hammond. Will it continue? If you've managed to buy your first property, how did you do it and what help did you get?

To start this week’s podcast, we look at findings from a Barclays Bank survey which reveals that more small businesses are falling victim to invoice scams. With this type of fraud on the rise, what can you do to protect yourself? In his Spring Statement, Chancellor Philip Hammond has listened to calls from small businesses to act in tackling late payment. The government has laid out the steps it plans to take in order to reduce the cashflow burden caused by larger firms delaying payment. To round off this week’s Bulletin, with banks closing increasing numbers of branches, it’s rare to hear of new ones being opened. Barclays, Lloyds and NatWest though have announced the pilot launch of shared Business Banking Hubs. Could this collaborative approach be the way forward?

Alcohol Alert, October 2018: In this episode, we focus on the fallout from the Autumn Budget, as the government freezes alcohol duties for beers, spirits and some ciders. Chief Executive John Jolly, of drug and alcohol charity Blenheim, explains why Chancellor Philip Hammond’s business-friendly approach will ultimately have a detrimental impact on public health and treatment services. By subscribing to our enewsletter, you can receive alcohol-related stories and media directly to your inbox; please visit our website www.ias.org.uk and click on "Alcohol Alert" to read the latest Issue: www.ias.org.uk/What-we-do/Alcohol-Alert.aspx

In a pre-Budget special, Sophy talks to the Chancellor Philip Hammond about austerity, Brexit and his shopping habits. Plus Labour's Shadow Chancellor John McDonnell explains why his expectations for the Budget are pretty low. #Ridge

Progress Chair Alison McGovern and political commentator Tris Brown talk through what could happen when Chancellor Philip Hammond gives the 2018 Budget on Monday, and whether the Tories can produce a progressive budget or deliver on the "end of austerity". See acast.com/privacy for privacy and opt-out information.

MoneyWeek's editor-in-chief, Merryn Somerset Webb, looks ahead to the Budget next week, and asks what exactly might Chancellor Philip Hammond have in store for us.

You might think this would be a great time to be in the Scotch Whisky business, right? This week, the Scotch Whisky Association released a new report showing global exports grew almost 11 percent during the first half of the year on a pace that could break 2017's record year for exports. However, this week also saw yet another failed attempt to resolve the Brexit stalemate between the UK and the European Union, which accounts for around a third of all Scotch Whisky exports. What's more, next Monday could see British taxes on whisky and other spirits rise in Chancellor Philip Hammond's new budget despite industry pleas to keep duties frozen for a second straight year. We'll discuss the good, the bad, and the even worse with Graeme Littlejohn of the Scotch Whisky Association on WhiskyCast In-Depth. In the news, the waters near one Speyside distillery could be home to salmon and sea trout again soon, while construction is nearing completion on another Whiskey Row project in Louisville. On Behind the Label, we'll answer the question: when is an Irish Whiskey distilled in pot stills not a Single Pot Still Irish Whiskey, and we'll also have the week's tasting notes and much more. 

In this episode, I feature different areas of society and how they are all assets of the state and the elite's agenda. More on the anti-Semitism row engulfing the Labour party in Britain with its leader Jeremy Corbyn. I talk about the Revisionist Zionist groups targeting those challenging the Israeli regime and why and how they are state assets. Populism has really taken hold of politics and I explain why and who's really caused it... Petrol prices hit a 4 year high with possible price hikes in the upcoming Autumn budget. Chancellor Philip Hammond suggested that an eight-year freeze in the levy was coming to an end. I talk about how this plays into the agenda and why public transport and driverless cars are all part of the agenda. 14 million people are in poverty in the UK with 4.5 million of them children, according to new figures. This is the Hunger Games society again. Amazon has been blasted by the Archbishop of Canterbury for not paying enough tax. I talk about why tax is the least of the reasons that Amazon is a monster.

Chancellor Philip Hammond delivered his first Spring Statement on Tuesday. He was upbeat about the economy, predicting stronger growth, falling government borrowing and falling inflation. In this podcast, Chamber Chief Executive Rob Johnston looks beyond the spin to assess the impact of the Chancellor’s statement in Cumbria. And he examines Donald Trump’s proposed steel and aluminium tariffs, which could provoke a damaging trade war.

Chancellor Philip Hammond delivered his first Spring Statement on Tuesday. He was upbeat about the economy, predicting stronger growth, falling government borrowing and falling inflation. In this podcast, Chamber Chief Executive Rob Johnston looks beyond the spin to assess the impact of the Chancellor’s statement in Cumbria. And he examines Donald Trump’s proposed steel and aluminium tariffs, which could provoke a damaging trade war.

March 14, 2018: There were no new pension announcements in this year's Spring Statement. Instead, Chancellor Philip Hammond focused on debt and growth forecasts, emphasising that there was “light at the end of the tunnel”. Lynda Whitney, partner at Aon, and Hugh Nolan, president of the Society of Pension Professionals and director of consultancy Spence & Partners, discuss the statement, and what it means for pension trustees and savers. See acast.com/privacy for privacy and opt-out information.

Chancellor Philip Hammond threw the spotlight on research and devleopment tax credits in the November Budget, when he raised the R&D expenditure credit from 11% to 12%. But what are R&D tax reliefs, how do they work, and how can businesses benefit? In this five-minute podcast, the Chamber’s finance manager Richard Condron explains all in conversation with Julian Whittle.

Chancellor Philip Hammond threw the spotlight on research and devleopment tax credits in the November Budget, when he raised the R&D expenditure credit from 11% to 12%. But what are R&D tax reliefs, how do they work, and how can businesses benefit? In this five-minute podcast, the Chamber’s finance manager Richard Condron explains all in conversation with Julian Whittle.

Chancellor Philip Hammond got out his red box out again last week, to let us know how the country's finances are – or aren't – holding up, and what the Government's going to be doing with its money this year. The headlines were mixed, so what should our take-away be? Will the Chancellor's proposals be enough to make our economy "fit for the future"? And with Brexit looming, is the Government doing enough to deal with the country's economic problems? This week, David Powell is joined by Kate Bell, Head of Economic and Social Affairs at the Trades Union Congress, and Miatta Fahnbulleh, the new CEO of the New Economics Foundation. Enjoying the show? Tweet us your comments and questions @NEF! Produced by James Shield and Huw Jordan. The award-winning Weekly Economics Podcast is brought to you by the New Economics Foundation – the UK's only people powered think tank. Find out more at www.neweconomics.org

Driverless cars could be on UK roads within four years under government plans to invest in the sector. The Chancellor Philip Hammond said "We have to embrace these technologies if we want the UK to lead the next industrial revolution". At the thick end of the wedge, Silicon Valley billionaire Elon Musk believes artificial intelligence is "a fundamental risk to the existence of human civilisation". AI is changing our lives here and now, whether we like it or not. Computer algorithms decide our credit rating and the terms on which we can borrow money; they decide how political campaigns are run and what adverts we see; they have increased the power and prevalence of fake news; through dating apps they even decide who we might date and therefore who we're likely to marry. As the technology gathers pace, should we apply the brakes or trustingly freewheel into the future? For those inclined to worry, there's a lot to worry about; not least the idea of letting robot weapons systems loose on the battlefield or the potential cost of mass automation on society. Should we let machines decide whether a child should be taken into care or empanel them to weigh the evidence in criminal trials? Robots may never be capable of empathy, but perhaps they could be fairer in certain decisions than humans; free of emotional baggage, they might thus be more 'moral'. Even if machines were to make 'moral' decisions on our behalf, according to whose morality should they be programmed? Most aircraft are piloted by computers most of the time, but we still feel safer with a human in the cockpit. Do we really want to be a 'driverless' society? Producer: Dan Tierney.

Adam Boulton and guests talk money this week as the Chancellor Philip Hammond delivers his second Budget of the year. There's glee for most first time house buyers but gloom for the overall economic outlook. Mr Hammond has set aside £3 billion to prepare for Brexit but it's the so-called 'divorce bill' which is causing consternation among MPs. Joining Adam to assess Fiscal Phil and the Finances are Sky's economics editor Ed Conway, senior political correspondent Robert Nisbet and head of data, Harry Carr. #Budget2017 #Brexit #PMQs #skynews

Today on show, we're getting to grips with the Budget. It was Chancellor Philip Hammond's first autumn Budget on Wednesday, always an exciting day in the world of personal finance, and today we're going to take a closer look at some of the key Budget measures.

In the second quarter of 2017, the number of people without work in Spain fell to below four million for the first time since the first three months of 2009, when unemployment rose above that threshold a few months after the collapse of the US investment bank Lehman Brothers in September 2008. Experts are forecasting a rise in the number of Spaniards going on summer vacation this year. Following several years of decline due to the economic crisis, the tourism sector is optimistic that the trend will be reversed in 2017. In a part of Cádiz province known as Campo de Gibraltar – adjacent to the British overseas territory – an old battle for control of the drug trade is being waged more aggressively than ever before. Operators in the area carry out their deals with a feeling of impunity, while law enforcement agencies do their best to fight a war that they admit to be losing, for now at least. The following is the story of the ongoing battle from both sides of the trenches. Barcelona’s business community has criticized the city’s authorities for its slow and tepid response in dealing with an attack against a tourist bus in Barcelona last week by a radical group called Arran, which is linked to the tiny, radical-left CUP party, which plays a key role in the municipal and regional governments The public figure that cropped up most often among the 5,800 teens who answered a particular question about their role models was Amancio Ortega, founder of Inditex, the fashion empire that owns popular brands like Zara. The Galicia-born entrepreneur regularly tops the global wealth charts. A newlywed who died after falling from a balcony on a friend's hen do in Benidorm was 'climbing to safety' a new witness has claimed. Kirsty Maxwell died on April 29 after plunging from apartment balcony in the Spanish resort at about 4am. In Spain’s northeastern Basque Country, between Irun and the French city of Hendaye – in the middle of the Bidasoa river that separates the two countries – there is a territory with a peculiar status: Pheasant Island (Isla de los Faisanes in Spanish). A young boy was among those winched to safety after as many as 100 people were trapped inside cable cars dangling over Cologne. Public transport authorities for the city say 32 of of the cars were operating on the line, which runs over the Rhine, when the mishap occurred. The news bulletins have come live from the Battlefields in Europe during World War 1 More than 500,000 men lost their lives at the Battle of Passchendaele, from July 31 to November 6, 1917. Fine words have been spoken but the horrors of war should never be forgotten. Sadly, this media event will soon become just another memory. Channel 4 has been accused of paying ‘blood money’ for ‘deeply personal’ tapes of Princess Diana and that the content about her troubled marriage to Prince Charles will be incredibly hurtful for her family, including her sons William and Harry. The British taxpayers will fund an £80million aid giveaway in Brazil, Chancellor Philip Hammond announced yesterday. Mr Hammond unveiled the promise during a visit to the ninth-largest economy in the world. He said the money would help reduce poverty and fund economic development – but last night critics said it was wrong to give cash to richer developing countries such as Brazil. Londoners have been left 'stranded' inside their homes after 100 miles of roads were closed with more than 100,000 cyclists take part in a mass riding festival. The organisers of RideLondon claim the event has contributed £82million to London's economy since its first edition in 2013 and has also raised £41million for charities. British tourists are queuing for up to four hours at airports because of the botched introduction of tougher EU border checks. Travellers from outside the Schengen free movement zone are being subjected to stricter vetting at passport control. Instead of a few seconds, the process can now take several minutes. The new regime was drawn up by Brussels after it emerged that terrorists may have used EU passports for atrocities in Paris that claimed 142 lives. A Kurdish illegal immigrant is accused of swindling £32,000 in benefits after being smuggled into Britain in the back of a truck.

In the second quarter of 2017, the number of people without work in Spain fell to below four million for the first time since the first three months of 2009, when unemployment rose above that threshold a few months after the collapse of the US investment bank Lehman Brothers in September 2008. Experts are forecasting a rise in the number of Spaniards going on summer vacation this year. Following several years of decline due to the economic crisis, the tourism sector is optimistic that the trend will be reversed in 2017. In a part of Cádiz province known as Campo de Gibraltar – adjacent to the British overseas territory – an old battle for control of the drug trade is being waged more aggressively than ever before. Operators in the area carry out their deals with a feeling of impunity, while law enforcement agencies do their best to fight a war that they admit to be losing, for now at least. The following is the story of the ongoing battle from both sides of the trenches. Barcelona’s business community has criticized the city’s authorities for its slow and tepid response in dealing with an attack against a tourist bus in Barcelona last week by a radical group called Arran, which is linked to the tiny, radical-left CUP party, which plays a key role in the municipal and regional governments The public figure that cropped up most often among the 5,800 teens who answered a particular question about their role models was Amancio Ortega, founder of Inditex, the fashion empire that owns popular brands like Zara. The Galicia-born entrepreneur regularly tops the global wealth charts. A newlywed who died after falling from a balcony on a friend's hen do in Benidorm was 'climbing to safety' a new witness has claimed. Kirsty Maxwell died on April 29 after plunging from apartment balcony in the Spanish resort at about 4am. In Spain’s northeastern Basque Country, between Irun and the French city of Hendaye – in the middle of the Bidasoa river that separates the two countries – there is a territory with a peculiar status: Pheasant Island (Isla de los Faisanes in Spanish). A young boy was among those winched to safety after as many as 100 people were trapped inside cable cars dangling over Cologne. Public transport authorities for the city say 32 of of the cars were operating on the line, which runs over the Rhine, when the mishap occurred. The news bulletins have come live from the Battlefields in Europe during World War 1 More than 500,000 men lost their lives at the Battle of Passchendaele, from July 31 to November 6, 1917. Fine words have been spoken but the horrors of war should never be forgotten. Sadly, this media event will soon become just another memory. Channel 4 has been accused of paying ‘blood money’ for ‘deeply personal’ tapes of Princess Diana and that the content about her troubled marriage to Prince Charles will be incredibly hurtful for her family, including her sons William and Harry. The British taxpayers will fund an £80million aid giveaway in Brazil, Chancellor Philip Hammond announced yesterday. Mr Hammond unveiled the promise during a visit to the ninth-largest economy in the world. He said the money would help reduce poverty and fund economic development – but last night critics said it was wrong to give cash to richer developing countries such as Brazil. Londoners have been left 'stranded' inside their homes after 100 miles of roads were closed with more than 100,000 cyclists take part in a mass riding festival. The organisers of RideLondon claim the event has contributed £82million to London's economy since its first edition in 2013 and has also raised £41million for charities. British tourists are queuing for up to four hours at airports because of the botched introduction of tougher EU border checks. Travellers from outside the Schengen free movement zone are being subjected to stricter vetting at passport control. Instead of a few seconds, the process can now take several minutes. The new regime was drawn up by Brussels after it emerged that terrorists may have used EU passports for atrocities in Paris that claimed 142 lives. A Kurdish illegal immigrant is accused of swindling £32,000 in benefits after being smuggled into Britain in the back of a truck.

Host Jonathan Ferro discussed a split among BOE policy makers, recapped the Fed decision, Chancellor Philip Hammond cancelling his annual Mansion House address and U.S. Special counsel Robert Mueller switching his focus to U.S. President Donald Trump. Euro-area finance ministers also meet in Luxembourg today for Greece's bailout drama.

The Spring Budget saw Chancellor Philip Hammond announce a one year deferral of Making Tax Digital (MTD) obligations for smaller unincorporated businesses and landlords until April 2019. While the move was broadly welcomed by businesses, accountants and representative bodies, what do the government's concessions actually mean, and how much of a relief are they actually going to be? Joining the AccountingWEB podcast to get to grips with the announcements are Paul Aplin, tax partner at AC Mole and Son, AccountingWEB global editor John Stokdyk and Mark Purdue, Product Manager - Tax Products at Thomson Reuters. We are also joined by Matt Flanagan, managing director at cloud transformation firm BlueHub, who will be outling what firms are (and should be) doing to prepare for MTD.

What a mess we’re in. Without too much effort this week, we spotted 10 messes. It was made pretty easy with the fallout from Chancellor Philip Hammond’s first go at a Budget making news all week. His attack on small business was up there with some of the made-up-as-you-go-along nonsense from his predecessor. Hammond learned well from George Osborne. Mess 1 The Budget. Last week we wondered if the whole thing was a joke? It was. The main thrust, a rise in National Insurance contributions for people who don’t have a staff job, is in the bin. This leaves a big gap in the Government finances. They tried austerity, cut taxes for the richest, tried taking it out on small business. None of it has worked. What next? Tax needs to rise somewhere. Mess 2 Ill-thought-out tax tweaks from the past come back to haunt policymakers. A change to flat-rate VAT announced in the last Autumn Statement is about to come into force and will be a further blow to small business. Listen for the great VAT explainer on how it works and who’ll be hit. Mess 3 A man who installed mouth-shaped urinals at work is named Britain’s best boss. Mess 4 New complicated emissions-based taxes on cars are coming in. Few motorists know what’s happening or why or how. Here’s an example: an emission-free electric car costing over £40,000 will be due more emissions tax than proud polluter the Ford Mustang V8. Plan for a bigger tax bill. Maybe. It’s a mess. Mess 5 It emerged while we were on air that the Chancellor responsible for some of the above messes – and still a sitting MP - is to become a newspaper editor. Politicians running the Press – and the one responsible for the short-lived sausage roll tax. Brilliant. Mess 6 The latest job figures are out and look really good! This would be great news except too many of the jobs are zero hours contracts and wage growth and productivity are rubbish. When inflation caused by the devalued pound starts to bite, it’s likely to ravage spending power and could create a downward spiral of job insecurity and financial misery. Mess 7 Interest rates need to go up but the Bank of England won’t do it. It kind of can’t. Low rates are causing more harm than good, especially keeping wages down. See above. Mess 8 Mortgage rates, however, will go up. The way mortgages are calculated isn’t based on the Bank Rate. Learn how they work and impress your friends with your new knowledge. Mess 9 People aren’t saving enough. There are easy ways to save and invest but people see investing as gambling and won’t do that either. Mess 10 It’s Isa season – but cash Isas have been killed off. Who did that, George? Your entire £15,240 limit might earn you about one pound fifty a year in interest in the worst accounts. There are alternatives, This is Money editor Simon Lambert picks five ‘dividend heroes’ – but are you brave enough? Also with Georgie Frost and Rachel Rickard Straus. Enjoy.

Welcome to the podcast from Morningstar UK, the leading provider of independent investment research. This week it’s ISA Ideas and Budget week. Lets start with Junior ISA’s. Junior ISAs allow you to save on behalf of under-18s tax efficiently. Just like an adult Isa, you can chose to shield cash, stocks or investment funds from HMRC, but unlike the adult Isa, investments cannot be cashed in at any time – the child must reach 18 before they have access to funds. We start our podcast today with Emma Wall, Senior Editor for Morningstar.co.uk and Adrian Lowcock, Investment Director for Architas who discuss Junior ISAs in more detail as well as give us 3 Fund Picks for your Junior ISA. As the ISA deadline looms, investors should consider their portfolio holistically and aim to have a portfolio that is well positioned to achieve their investment goals. Portfolio Manager for Morningstar Investment Management, Richard Whitehall is up next to discuss how to take this into consideration when rebalancing your portfolio. Chancellor Philip Hammond has delivered his first Budget report revealing higher taxes for self-employed and investors with more then £50,000 invested outside an ISA. So what does the Budget mean for you? Emma Wall and Cyrique Bourbon, Portfolio Manager for Morningstar Investment Management are up next to discuss just that. Where do Morningstar professionals invest their ISA cash? Morningstar Investment Management and Morningstar analysts work with stocks, funds, markets and ETFs every day - but where do these professionals invest for themselves? We asked them where they will be investing their ISA portfolio this tax year. Want to legally reduce your tax bill? Tilney's Head of Estate Planning Ian Dyall tells us how - and warns investors to make sure they balance their needs. Looking to reduce your tax bill and boost your portfolio returns? Emma Wall finishes off our podcast today explaining the benefits of ISAs and SIPPs - and outlines some alternative tax-efficient investments to consider. Subscribe to our podcast on itunes: https://itunes.apple.com/gb/podcast/morningstar-uk/id965873075?mt=2 http://www.morningstar.co.uk

It felt like there was something fishy going on during the Budget speech this week. Chancellor Philip Hammond peppered the few official announcements he made with low-rent panto gags and political jibes. Were these a distraction technique? With the benefit of hindsight, it’s clear that trying to be funny was silly Philly’s way of glossing over one of the more ‘spectacularly dumb’ decisions in modern politics. Big banks brought the economy to its knees in the late noughties, why now go after the self-employed and small businesses to shore up the country’s finances with a National Insurance hike? It was a short, sweet kamikaze mission, especially given the manifesto pledge of no increase in VAT, National Insurance or income tax. A U-turn beckons. As ever, This is Money editor Simon Lambert explains exactly what it all means and how National insurance works for the self-employed. Is it time to merge it with income tax? Also, on the show with Georgie Frost and Lee ‘spreadsheet’ Boyce… A pointless, below-inflation government-backed savings bond was also announced in the Budget. You can get better elsewhere. Diesel cars confusion – we need answers on where exactly the pollution problem lies and who is likely to be penalised and when Savings deal of the week – Atom bank has an attractive account but it’s only available on a phone app Rip-off insurance cover – IPT, the insurance tax, has doubled in two years. Expect to pay hundreds of pounds more to cover your car and home. Can you afford to ever retire? Listen to Simon’s advice and you can save without realising. How should couples manage their joint finances – and what if one has secret debts? And finally, who should pay for dinner if you dine with someone who earns less than you? Enjoy.

In episode 148 of Informed Choice Radio, we’re getting ScamSmart with Nick Hewer and Darren Cooke. In this episode of Informed Choice Radio, we’re talking about scams; how to spot them and how to stay safe when the scammers are going after your money. I’ve got a couple of guests joining me today who share their experience and expertise to protect your personal finances. The reason we’re talking about scams is a new campaign from the Financial Conduct Authority. It’s called ScamSmart and it’s designed to encourage consumers to take the time to check before handing over their money. The campaign was launched with new research which found one in five over 55s, with above average incomes, suspect they were targeted by a fraudulent investment scam in the past three years. This rises to one in three of those aged 75 or over. On average, victims of investment fraud lost £32,000 each last year. According to the FCA, recent pension freedoms and low interest rates are making the over 55s increasingly vulnerable to approaches from fraudsters. Despite the high number of people potentially contacted by these scammers, one in eight over 55s which have invested in financial products, such as stocks and shares, spend little or no time researching them before handing over their money. To find out more about the ScamSmart campaign, I spoke to Apprentice star and Countdown host Nick Hewer. Nick is fronting the FCA ScamSmart campaign after himself being targeted by investment scammers. I also spoke to Darren Cooke, a Chartered Financial Planner at Red Circle in Derbyshire, about the petition he launched to ban cold calling for pensions and investments. Darren’s campaign was a success, and in the Autumn Statement the Chancellor Philip Hammond announced the Treasury would consult on a ban. I gave Darren a call to talk about why he launched the petition, the support he received, and how it has raised awareness about this important issue. Thank you for listening! To get new episodes of Informed Choice Radio sent directly to your device as soon as they are published, you can subscribe on iTunes or Stitcher Your reviews on iTunes are incredibly helpful and really appreciated. We get notified about each one; please leave a note of your name and website URL so we can mention you in a future episode.

On this week’s programme, presented by Sophy Ridge - Theresa May is set to announce a crack-down on executive pay this week, as part of her pledge to restore public trust in big businesses. To discuss this, and also to reflect on the Chancellor Philip Hammond's first Autumn statement last week, we hear from the Work and Pensions Secretary, Damian Green MP and from the Shadow Chancellor, John McDonnell MP. With the launch of a new book ‘Born a Crime’ about growing up in Apartheid South Africa, Trevor Noah spoke to Sophy about his new role hosting American TV programme ‘The Daily Show’ and what he makes of President-elect Trump, the man he once described as the ‘perfect African President’. Next week we will see the result of the by-election in Richmond, sparked by MP Zac Goldsmith. Sophy caught up with Mr. Goldsmith now running as an independent candidate. And, as always, we hear from a team of top political pundits - Sebastian Payne, lead politics writer at the Financial Times; Ayesha Hazarika, former adviser to Ed Miliband and Harriet Harman; and Kevin Schofield, political editor of Politics Home. All on this week's Murnaghan podcast!

In this episode of Informed Choice Radio, Martin explains what you really need to know about the Autumn Statement. There is also a roundup of the latest personal finance news and an update from the world of Informed Choice. What you really need to know about the Autumn Statement On Wednesday, the new Chancellor Philip Hammond delivered his first Autumn Statement to the House of Commons. Despite being fairly light on new policies, this was an important Autumn Statement; it’s the first proper assessment of the UK economy we have seen since the EU Referendum in June. In a nutshell, we heard from Hammond that economic growth is forecast to slow down. As a result, the national debt is forecast to rise. There was however some good news for the lowest paid in society and those now referred to as JAMs; the "just about managing". In this episode of Informed Choice Radio, Martin talks you through some of the main features of the Autumn Statement, as they apply to your personal finances. 1 – £122bn worse off because of Brexit 2 – Salary sacrifice is sacrificed 3 – Money Purchase Annual Allowance slashed 4 – Plans to tackle pension scammers 5 – Market-leading savings bond to be offered 6 – Hammond’s final Autumn Statement What did you think about Philip Hammond’s first and last Autumn Statement? We would love to hear from you. Personal finance news update -The maximum compensation limit for bank customers is being returned to its previous level of £85,000. -New figures from HM Revenue & Customs show the sale of homes in the UK stayed sluggish during the autumn. -Brits plan to spend nearly £1,500 each this festive season. -Nearly a quarter of over-50s plan to cash in their pension after withdrawing their tax-free lump sum, according to a new a survey from Retirement Advantage. -New research by SunLife has found that 82% of over 50s don’t want a hymn at their funeral and that Always look on the bright side of life from Monty Python’s Life of Brian is the song most would choose to have played instead. 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. Help us spread the word! Thank you for listening to this episode of Informed Choice Radio. Please use the comments section below to share any feedback you have. If you enjoyed this episode, please share it by using the social media buttons on this page. If you enjoy the show, please subscribe in iTunes and write us a review! Reviews really help us stand out from the crowd and reach more listeners.

What on earth is happening to the British economy in the wake of the Brexit vote? Chancellor Philip Hammond’s revelation that Brexit may lead to additional costs of £60bn to the UK – and that’s just an early estimate by the Office of Budget Responsibility. Tory promises to have wiped out public debt first by 2015 and later by 2020 have been shattered, and Hammond revealed that the country will need to borrow a further £122bn by the latter date just to stay afloat. So much for austerity. What does all this mean for the economy, for Scotland’s relationship with Britain (and Europe), or for high-cost “prestige” spending such as the renewal of the Trident nuclear weapons system? Respected academic Prof Mike Danson visited the Newsnet studios to discuss with podcast host Derek Bateman, while journalist Maurice Smith joined them to chew over the broader issues facing the economy.

In this episode of Informed Choice Radio, Martin talks to Abraham Okusanya, founder of research firm Finalytq, about new research into multi-asset investment funds. There is also a roundup of the latest personal finance news and an update from the world of Informed Choice. Multi-asset funds vs Brainless Portfolios In this episode of Informed Choice Radio, Martin speaks to Abraham Okusanya, founder of investment research firm Finalytq. I invited Abraham onto the podcast because he has been causing something of a storm in the world of retail financial services this week. It’s because of the publication of his latest research, which found that the massive multi-asset fund market is doing a disservice to investors, generating far lower returns than the cheaper alternatives. The report claims that multi-asset fund managers are “not only genuinely unskilful” but “systematically reduce clients’ odds of accomplishing their objectives”. As part of the research, Abraham rated 65 different multi-asset funds, looking at their charges and performance, as well as the financial strength of the fund provider. Of these 65 funds, he only identified one fund considered to be excellent value for money, with only 6 rated as good. The other 58 funds were scored as either fair or poor. This is an important topic for investors, as many billions of pounds are invested in these multi-asset funds. They are often seen as set it and forget it portfolios, which require little involvement from investors once the initial decision has been made to invest. Personal finance news update -The new Chancellor Philip Hammond has set a date for his first Autumn Statement, which will be presented to Parliament on Wednesday 23rd November. -Nearly half of UK employees are suffering from a crisis of confidence when it comes to making financial decisions. -Interest rates have remained on hold at 0.25%, with the Bank of England saying another interest rate cut is a possibility. -Price inflation has remained steady at 0.6% in the year to August. -The new plastic £5 note has entered circulation this week, although many parts of the country will have to wait to get their hands on one.