Podcasts about consumer prices index

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.The Office for National Statistics said Consumer Prices Index inflation rose to 2.3 per cent for October, up from 1.7 per cent in the previous month.It is the sharpest month-on-month increase in the rate of inflation for two years.So, what's behind this jump, and what does 2025 hold for energy bills and Bank of England interest rates?The Standard podcast is joined by Theo Harris, a researcher in economic and environmental policy at the New Economics Foundation think-tank.In part two, six new London Overground lines, each with a new name and colour, were being rolled out by Transport for London on Wednesday.Mayor Sadiq Khan says the £6.3 million rebrand will make it easier for passengers to find their way on the Overground and to “celebrate” London's culture and recent history - but does it offer passengers value for money?The London Standard's transport editor, Ross Lydall, discusses the new direction for London's orange line, which was delayed after a cyberattack against TfL. Hosted on Acast. See acast.com/privacy for more information.

S&P Futures are slightly higher this morning ahead of this morning Consumer Prices Index release. The annual core reading is expected to come in at 3.6% vs. 3.8% last month. Mester of the Cleveland Fed feels that it is too early to conclude that inflation is reversing. Markets have seen a host of positive AI announcements this week, the MSFT Build conference starts on Tuesday (5-21). After the bell today CSCO is set to report. Thursday morning, we have earnings reports due out from NICE, BIDU, JD and WMT. In Europe, markets are mostly higher due to corporate earnings releases and positive Eurozone GDP data. Oil prices have given up early morning gains and are now flat to lower ahead of this morning's IEA report.

The Rich Zeoli Show- Hour 4: 6:05pm- Dr. EJ Antoni—Economist & Research Fellow in The Heritage Foundation's Grover M. Hermann Center for the Federal Budget—joins The Rich Zeoli Show to discuss March's inflation report which indicates the consumer price index has risen 3.5% year-to-year, a 0.3% increase from February. You can find Dr. Antoni's work here: https://www.heritage.org/staff/ej-antoni 6:25pm- Jennifer Stefano—Columnist at the Philadelphia Inquirer—joins The Rich Zeoli Show to discuss the worsening opioid epidemic in Philadelphia, specifically open-air drug use and safe injection sites. What policies must city officials adopt to crackdown on this problem? Plus, Rich and Jennifer recap their recent appearance on Fox News! 6:50pm- Emi Tuyetnhi Tran of NBC News writes: “A consortium of civil rights groups voted unanimously Wednesday to petition the Maryland state government to rename the Francis Scott Key Bridge, which was destroyed by a cargo ship last month, because Key, the author of ‘The Star-Spangled Banner,' was also a slave owner.” You can read the full article here: https://www.nbcnews.com/news/nbcblk/groups-push-rename-baltimore-bridge-francis-scott-keys-links-slavery-rcna147224

UK inflation remained higher than expected last month as the cost of travel and holidays climbed, adding to the case for the Bank of England to raise interest rates again, this despite an expected fall in energy prices. The Consumer Prices Index rose 6.8% in July, exceeding the 6.7% rate expected by economists, the Office … Continue reading "UK Inflation Still Not Beaten, As Wages Spiral (For Some…)"

The inflation rate rose unexpectedly to 10.4% in February, up from 10.1% in January. The Office for National Statistics says the Consumer Prices Index rate has been pushed up by higher prices in cafes, pubs and restaurants and the cost of food and clothing. The BBC's Business Editor Simon Jack speaks to Minette Batters, President of National Farmers Union, and Karen Ward, Chief Market Strategist EMEA at J.P. Morgan Asset Management. Today's Amol Rajan also speaks to Simon about the figures which measure how quickly prices go up. (Image Credit: SolStock/ Getty Images)

Inflation is soaring and if predictions are correct, it would result in the Consumer Prices Index measure hitting 13 per cent this autumn. That could result in a state pension rise of around £1,000 a year to £10,900 while even at the current level of 10.1 per cent it would be upped to £10,600. However, last year, the triple lock was scrapped. Would a new Prime Minister dare do the same this time around? Lee Boyce, Tanya Jefferies and Georgie Frost discuss. Inflation is hitting those with pensions in different ways, we explain how and Tanya unearths yet more errors at the DWP. She explains why – if you, or someone you know, was refused a state pension or given an unexpectedly low award when you turned 66 – it could be worth challenging.  Data also suggests that some workers are opting out of private pensions or reducing contributions thanks to the rise in the cost-of-living. Is that a wise decision? Outside of pensions, we had calculations this week that inflation predictions are undercooked and could actually peak at 18.6 per cent early next year, with base rate having to reach 7 per cent to stop it.  It comes as the energy price cap is now forecast to reach £5,500 in April 2023.  And finally… the number of homes available to rent has halved in two years pushing prices through the roof. According to research, tenants are effectively losing a bedroom if they spend the same amount of money today on a property compared to two years ago. What next for the rental market?

The cost of living rose at its fastest pace in nearly 30 years in the 12 months to December, driven mainly by higher food and energy bills. The UK's Consumer Prices Index measure of inflation rose to 5.4% from 5.1% in November, the Office for National Statistics said. The BBC's Consumer Affairs Correspondent Colletta Smith visited the Crescent Hotel in Scarborough and spoke to the owner, Sadie Shard about the rise in running costs. Today's Martha Kearney speaks to Richard Walker, the managing director of Iceland, and Sir Charlie Bean, the former deputy governor of the Bank of England. (Image Credit: Press Association)

Consumer price rises in the UK saw the highest leap since records began in 1997 as the economy opened up following several lockdowns. According to official government figures, the increase in the cost of living, as measured by the Consumer Prices Index, reached 3.2% (50% above BOE target) in the year to August, the highest since 2017. Rising prices for food, petrol and used cars were up from 2% the previous month. But the Office for National Statistics (ONS) is following the Bank of England's line describing the August's price increases as "temporary". The markets barely reacted to the higher inflation figures with London Stock Market prices down slightly this morning. The main weapon employed by central banks to curb inflation is to increase interest rates. However, this will also increase their own government's interest payments on the trillions of Pounds, Dollars and Euros they have created to prevent a covid recession and stock market crash. One thing that's certain to go up is tax! Tax hikes, like the tax on landlords, to pay for the billions in financial stimulus to rescue the economy during the last year. How are you adapting to the ‘new world order'? The world of business has changed and unless you adapt your business will decline. What can you do to take advantage of the changes rather than hoping things will go back to ‘normal' again? They won't. The biggest revolution is the explosion in online trading and social media marketing. Businesses which have adapted have boomed while others are no longer in business. Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn't mean us oldies can't get in on the act! We can all learn to not only how to use social media,  but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O'Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: How to​ use the time you're already spending on the internet to build a digital business in your spare time. How to​ get a product to sell if you don't have one already and... how to get it for nothing. The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: You own a business. You want to own a business without quitting your job yet. You are serious about building a profitable online business. You're tired of wasting time on social media and want to make money instead. "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available!    #socialmedia #socialmediamarketing #inflation #freewebclass #makemoneyonline See omnystudio.com/listener for privacy information.

Consumer price rises in the UK saw the highest leap since records began in 1997 as the economy opened up following several lockdowns. According to official government figures, the increase in the cost of living, as measured by the Consumer Prices Index, reached 3.2% (50% above BOE target) in the year to August, the highest since 2017. Rising prices for food, petrol and used cars were up from 2% the previous month. The main weapon employed by central banks to curb inflation is to increase interest rates. However, this will also increase their own government's interest payments on the trillions of Pounds, Dollars and Euros they have created to prevent a covid recession and stock market crash. One thing that's certain to go up is tax! Tax hikes, like the tax on landlords, to pay for the billions in financial stimulus to rescue the economy during the last year. How are you adapting to the ‘new world order'? The world of business has changed and unless you adapt your business will decline. What can you do to take advantage of the changes rather than hoping things will go back to ‘normal' again? They won't. The biggest revolution is the explosion in online trading and social media marketing. Businesses which have adapted have boomed while others are no longer in business. Can you make money on social media? I notice that kids are very good at creating videos and posts on social media. Unlike me, they have grown up with IT and social media, but that doesn't mean us oldies can't get in on the act! We can all learn to not only how to use social media, but also how to make money on social media… "Stop Wasting Time On Social Media And Start Making Money Instead" You can learn how to make money on social media from my mentor Paul O'Mahony, founder of the ReThink Academy, who has made millions online starting from nothing. In this FREE webclass you're going to see: · How to​ use the time you're already spending on the internet to build a digital business in your spare time. · How to​ get a product to sell if you don't have one already and... how to get it for nothing. · The exact strategy​ "he used to make my first million and quit my job permanently without a big budget, or any experience with social media." You'll discover all this and more when you watch the webclass below. I'M READY TO WATCH THE FREE TRAINING NOW! WATCH THIS TRAINING IF: · You own a business. · You want to own a business without quitting your job yet. · You are serious about building a profitable online business. · You're tired of wasting time on social media and want to make money instead. · "Stop Wasting Time On Social Media And Start Making Money Instead" (even if you lack time, resources, experience, or expertise). I'M READY TO WATCH THE FREE TRAINING NOW! CLICK HERE TO WATCH https://bit.ly/38rzLvZ Spots Fill Up Fast - Limited Seats Available!

Higher energy prices will hit millions of people across the UK in October, just when the cold weather starts, and the country moves into winter. The energy regulator, Ofgem, said the price cap for default domestic energy deals would be raised to cover suppliers' extra wholesale costs. Your typical gas and electricity bill could go up by £139 to £1,277 a year. Prepayment customers will see an increase of £153, from £1,156 to £1309, the regulator said. There has never been a more urgent time to review your tariff and consider switching to a cheaper supplier. Switching is simple using one of the many comparison sites or making a few phone calls. Just Google ‘switch energy supplier'. One comparison site said you can save £268 by switching today. I have not verified this statement, but I have saved similar amounts by shopping around. Check out my free S.M.A.R.T MONEY MANAGER COURSE VIDEO. You can also save by calling you current supplier and asking them to put you on a cheaper tariff. The worst tariff is usually the ‘standard' one and people with prepay metres – usually the lowest paid - are paying the most for their energy. HMO landlords who include bills in the rent should definitely shop around for the best deals, as tenants, like children, are not too fussed about turning off lights! The energy price hike reflects rising costs of commodities across the globe. Yesterday, the Governor of the Bank of England described price rise surge as “temporary”, as the Monetary Policy Committee (MPC) unanimously voted to hold base interest rates at the record low 0.1%. Andrew Bailey did warn that if inflation continued to rise that the central bank would have to take “action”, which translates as higher interest rates. The Bank warned inflation will hit 4% this year, higher than previously forecast and double its 2% target rate. We have witnessed higher prices in the shops here and in America. The Consumer Prices Index hit its highest for almost three years in June, at 2.5%, as food and energy costs rose. This could be a long cold winter for millions of people, so you had better prepare yourself. Becoming financially free takes time and requires many hours of hard work and study. If you would like to learn how to invest and manage your money, become a professional property investor, and be financially free without working any harder and spending your life exchanging your time for money watch this free on demand training now to learn how to become financially free without working any harder. As a thank you, I will give a special free gift which can help transform your finances when you attend the online training. Click on this link to watch the free training now https://bit.ly/3wLWqx2

New App that cancels subscriptions after free trial Have you ever signed up for a free trial online and then forgotten all about it? A year later you realise that you’ve been paying for a service you didn’t really want. Sometimes, it only comes to light when your credit card expires! Good news. A young British entrepreneur has launched service which automatically cancels subscriptions at the end of the free trial period, the BBC reports. The ingenious App was developed by Josh Browder, who in his teenage years invented an algorithm called ‘Do Not Pay’, which continues to successfully fight parking fines. His latest App, Free Trial Surfing, is not directly linked to a customer's bank account or credit card, but Mr Browder says it is in partnership with a major bank. He declined to say which bank was supporting the venture. "The idea for this product came when I realised I was being charged for a $21.99 (£18) gym membership from over a year ago that I was never using," he told the BBC. "In fact, I had completely forgotten that I had signed up for a free trial in the first place. Constantly trying to keep track of when a 'free trial' period ends is annoying and time-consuming." Ironically, he said 10,000 people had signed up to for a “free trial” to try Free Trial Surfing since its launch six weeks ago in the US, where Mr Browder, who is from the UK, now lives. The two most common subscriptions the service has been used for are porn platforms followed by Netflix, he added. How does Free Trial Surfing work? Currently only available on Apple's app store, with a web version in development, customers are sent a virtual credit card number and invented name, which they can use to sign up for a service. The card is actually registered to Mr Browder's firm, Do Not Pay. The app can also forward emails between the service provider and the virtual card so that the customer's own email address is secure. Mr Browder says the card will not work if used to pay for any other form of purchase. He said some platforms were trying to block the service by figuring out which cards belong to Do Not Pay. "Our bank is so big they would have to screw a lot of customers to stop the product. They would have to end the entire free-trial programme," he said. He says that one day he may charge a subscription to use the service, which is currently free. "It took around six months to build," he said. "Right now we're testing it - maybe one day it will be a cheap subscription, like $2 per month. "The reason it took so long was that we wanted to be sure it would be declined if it is used with a real purchase. We won't hold people to account - it will be us who takes the hit." This looks like a brilliant idea, but not sure they have got the application right just yet. Other business news UK house prices rose at a slower rate in the year to July than at any time since September 2012, up by 0.7%, official figures show. More on this in tomorrow’s episode. Inflation growth slowed sharply in August to 1.7% after computer game prices dropped and clothing prices were slow to recover from the summer sales. The Consumer Prices Index measure of inflation fell below 2.1% in July, according to the Office for National Statistics. Word of the Day CPI - Consumer Prices Index Consumer Price Indices are important indicators of how the UK economy is performing. The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. The indices are used in many ways by the government, businesses, and society in general. They can affect interest rates, tax allowances, wages, state benefits, pensions, maintenance, contracts and many other payments. They also show the impact of inflation on family budgets. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook. See also: How to earn up to 500% higher yields on your investments without high risks 3 Myths of Property Investment Should you be buying Gold? Can you really by property with one click?  

New App launched that cancels subscriptions after free trial By Charles Kelly Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast Have you ever signed up for a free trial online and then forgotten all about it? A year later you realise that you’ve been paying for a service you didn’t really want. Sometimes, it only comes to light when your credit card expires! Good news. A young British entrepreneur has launched service which automatically cancels subscriptions at the end of the free trial period, the BBC reports. The ingenious App was developed by Josh Browder, who in his teenage years invented an algorithm called ‘Do Not Pay’, which continues to successfully fight parking fines. His latest App, Free Trial Surfing, is not directly linked to a customer's bank account or credit card, but Mr Browder says it is in partnership with a major bank. He declined to say which bank was supporting the venture. "The idea for this product came when I realised I was being charged for a $21.99 (£18) gym membership from over a year ago that I was never using," he told the BBC. "In fact, I had completely forgotten that I had signed up for a free trial in the first place. Constantly trying to keep track of when a 'free trial' period ends is annoying and time-consuming." Ironically, he said 10,000 people had signed up to for a “free trial” to try Free Trial Surfing since its launch six weeks ago in the US, where Mr Browder, who is from the UK, now lives. The two most common subscriptions the service has been used for are porn platforms followed by Netflix, he added. Full article see: http://www.moneytipsdaily.com/new-app-launched-that-cancels-subscriptions-after-free-trial/ Other business news UK house prices rose at a slower rate in the year to July than at any time since September 2012, up by 0.7%, official figures show. More on this in tomorrow’s episode. Inflation growth slowed sharply in August to 1.7% after computer game prices dropped and clothing prices were slow to recover from the summer sales. The Consumer Prices Index measure of inflation fell below 2.1% in July, according to the Office for National Statistics. Word of the Day CPI - Consumer Prices Index Consumer Price Indices are important indicators of how the UK economy is performing. The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. The indices are used in many ways by the government, businesses, and society in general. They can affect interest rates, tax allowances, wages, state benefits, pensions, maintenance, contracts and many other payments. They also show the impact of inflation on family budgets. There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

In this episode of Informed Choice Radio, Martin talks about keeping your money in cash versus investing it in shares. There is also a roundup of the latest personal finance news and an update from the world of Informed Choice. Cash versus shares In this episode of Informed Choice Radio, Martin talks about whether keeping your money in cash beats investing it in shares. Personal finance journalist Paul Lewis has this week published new research showing money held in best buy cash savings accounts has fared better than money invested in the stock market over most investment periods since 1995. Lewis compared 'active cash' with the return from a FTSE 100 index tracker fund. He found that savings accounts beat the tracker in the majority of five year periods beginning each month from 1 January 1995 to the present. But over the full 21 year term of the study, the chosen index tracker fund ended up producing a compound annual return of 6%, higher than the 5% produced by best buy savings accounts during that time. Martin spends some time unpicking this study, agreeing with some parts and asking questions about others. Personal finance news update -Price inflation in the UK, as measured by the Consumer Prices Index, stayed unchanged at 0.3% in May. -UK unemployment has fallen to 5%, its lowest since October 2005. -The interest rate on benchmark 10-year German Bunds, bonds issued by the German government, has turned negative this week for the first time. -Lloyds Banking Group has won its UK Supreme Court Case against a group of thousands of investors. -The Bank of England has issued a warning to say that uncertainty surrounding the EU referendum result is the "largest immediate risk" currently facing global financial markets. Useful links mentioned in this episode -Cash can beat shares for up to 18 years, study says -Paul Lewis Money - Cash vs Shares (full study) -It's time to abolish the FTSE 100 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.speakpipe.com/InformedChoicePodcast to leave an online voicemail.

In this episode of the Informed Choice Podcast, Martin talks about what could happen to investment markets if the UK votes to leave the European Union in the referendum this June. There is also a roundup of the latest personal finance new and an update from the world of Informed Choice. What happens to investments if the UK leaves Europe? David Cameron has finally announced a referendum on whether Britain should remain in the European Union will be held on Thursday 23rd June. This follows intense negotiations about the UK’s membership of the EU, including changes to child benefit, migrant welfare payments, keeping the pound without fear of discrimination, protection for the City of London and a so-called ‘red card’ system for national parliaments who want to block EU legislation.So, where do you stand on Europe and how will you be voting in the referendum this June? When you are asked, "Should the United Kingdom remain a member of the European Union or leave the European Union?", will you be answering yes or no? What would be the likely impact on investment markets if UK voters decided to leave Europe? Please let Martin know how you plan to vote in the EU referendum and what impact you think a decision either way could have for investment markets. Email him at martin@icfp.co.uk or get in touch on Twitter @martinbamford, he would love to hear from you. Right click here and save as to download this episode to your computer Personal finance news update -House prices rose by 6.7% in 2015, according to the Office for National Statistics.  -Price inflation rose by 0.3% in the year to January, as measured by the Consumer Prices Index or CPI.  -The cost of stamps is going up in March, with a first class stamp costing 64p. Second class stamps will also go up in price, to 55p from 29th March.  -No UK or European banks have sold any so-called Coco bonds this year, following concerns about the health of the banking sector.   -Chancellor George Osborne is likely to miss his public borrowing goals for the 2015/16 tax year after recording a smaller-than-expected surplus in January.  Martin and Informed Choice Martin Bamford is a Chartered Financial Planner, Chartered Wealth Manager and SOLLA Accredited Later Life Adviser. As Managing Director of Informed Choice, the award-winning firm of Chartered Financial Planners in Surrey, he is responsible for nearly £200m of client assets. Martin is the author of several bestselling personal finance books and produced his first feature-length documentary in 2014, about the post-war Baby Boomer generation in retirement. “Bamford excels at making even the dullest topics interesting” – Pensions Management Visit www.icfp.co.uk to find out more about Informed Choice, or follow us on Twitter at www.twitter.com/informedchoice. Follow Martin on Twitter at www.twitter.com/martinbamford or email him at martin@icfp.co.uk.

This week in episode 56 of the Informed Choice Podcast, Martin talks about selling your pension annuity, pretending to be rich, and some of the things that could go wrong for investment markets in 2016. There’s also a roundup of the latest news from the world of personal finance and investing. In the personal finance and investing new roundup this week: Price inflation in the UK is back in positive territory, with the Consumer Prices Index, CPI, measure of price inflation rising to 0.1% in the year to November. HM Treasury have confirmed it will be possible to sell a pension annuity for a cash lump sum from April 2017 onwards. The first tranche of National Savings & Investments, NS&I, 65+ Bonds are due to mature in January and savers could see their interest rates cut in half. The Work and Pensions committee of MPs have launched an investigation into pension auto enrolment and its impact on smaller employers. The US Federal Reserve has increased its key interest rate for the first time in nine years, in a move welcomed by the stock markets. Main topics Should you sell your pension annuity back to the provider in return for cash which you can then access under the new pension freedom rules? HM Treasury have now confirmed that, from April 2017 onwards, it will be possible to sell your pension annuity in return for a cash lump sum. This move is designed to extend the pension freedoms introduced earlier this year to pension annuities. But will doing this offer good value to consumers? What protections will be put in place by the government? What might go wrong for global investment markets in 2016? It’s not been the best of Decembers so far for investment markets. Investors often benefit from a so-called Santa Rally, which might still come just before Christmas, but it’s been a poor end to the year for equity markets so far. An article from Bloomberg describes ten scenarios which could be bad news for investors next year, based on the views of former and current diplomats, geopolitical strategists, security consultants, and economists. Have you ever pretended to be rich? A new article from Business Insider claims too many people are pretending to be rich. It looks at a couple in their seventies who have put away virtually nothing for their retirement, because they spent their working lives pretending to be rich. The author concludes that a balanced financial life that involves living within your means includes things like saving for retirement. Help us spread the word! 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.

James Hughes from global forex trader Alpari gives us his reaction to the fall in inflation after the Consumer Prices Index dropped to 2.4% - its lowest rate since the end of 2009. http://www.alpari.co.uk