Podcasts about uk finance

An estimated 1.8 million fixed rate mortgage deals are due to expire in 2025, 400,000 more than in 2024. This surge in remortgaging presents a critical opportunity for mortgage brokers to offer essential advice and financial support to homeowners across the UK, ensuring they transition smoothly to new deals amid stabilising interest rates and heightened affordability checks. In this episode of the Barclays Mortgage Insider podcast, host Phil Spencer is joined by Karina Hutchins, Principal, Mortgage Policy at UK Finance. Together, they explore the unique factors driving this spike in fixed-rate maturities, from the post-COVID stamp duty holiday surge to the volatile interest rate environment following the 2023 mini-budget. The conversation focuses on the importance of affordability checks, the distinction between product transfers and full remortgages, and the value of the advice process. Further insights are shared on how brokers can help borrowers avoid payment shock when transitioning from their existing fixed -ate mortgage and on the types of financial support available, including the Mortgage Charter and lender-led initiatives - solutions that many homeowners may be unaware of. This instalment also evaluates broader market trends, such as rising demand for longer-term fixed-rate mortgages and the evolving role of mortgage brokers as trusted strategic advisers. It’s an essential listen for those looking to strengthen client relationships, grow their business, and navigate the 2025 remortgaging wave with confidence. This episode was recorded on 11th March 2025.See omnystudio.com/listener for privacy information.

For years, two-year fixes were the mortgage of choice for most homeowners - but borrowers piled into five-year deals in 2022 and 2023 in a bid to lock in super-low rates. Now, UK Finance figures show shorter fixed deals are once again back in vogue. Does that mean people think rates are heading down - and what do you need to think about when choosing yours? This is Money's Helen Crane and Georgie Frost discuss.  Elsewhere in the property market, TSB data reveals that the average first-time buyer is now past their 30th birthday in all but one region of Britain. Perhaps more surprisingly, though, the amount people borrowed from family to get on the property ladder went down last year.  The team ask why that is, and tips for saving a house deposit.  Donald Trump's tariffs have continued to dominate the headlines this week, causing a whirlwind on the global markets.  Is this going to bring down savings rates for good, and what can people do with their money instead?  On the bright side, though, it means there might be a very short window in which you can buy a cheap TV. We are also running a listener survey, to get your thoughts on what you like about the podcast and what we can improve. We would really appreciate if you could take a few minutes to fill it in - you can do so here. 

On 4 December 2024 Future of Finance hosted a one-day event at the offices of AON in London. Entitled Digital asset custody: What do asset managers and asset owners need to know about digital asset custody and custodians?, the event attracted 160 registrants from asset managers, banks, custodian banks, digital asset custodians, exchanges, financial market infrastructures, insurers, investment consultants, law firms, regulators and technology vendors. This is an account of what they and the panellists contributed to the seven sessions that day, both live and in the multiple-choice questionnaire they completed in advance, the results of which are also published here.The panellists for this discussion were John Siena, Associate General Counsel and Co-Head of Regulatory Strategy at Brown Brothers Harriman (BBH); Monica Gogna, Partner and Head of the Financial Institutions Law Group at EY; Romin Dabir, partner at Reed Smith; and Yvonne Deane Harte, Director for Secondary Markets and Post Trade policy at UK Finance. Hosted on Acast. See acast.com/privacy for more information.

In this insightful episode of the Accord Growth Series podcast, Jeremy Duncombe sits down with Charles Roe from UK Finance and Rob Thomas Rob Thomas from the Intermediate Mortgage Lenders Association to explore the UK mortgage market's performance in 2024 and the outlook for 2025. The episode begins by examining how the market surpassed expectations, achieving £242 billion in outcomes due to strong purchase lending and buy-to-let activity. As interest rates eased and economic conditions improved, the discussion shifts to how these factors influenced market resilience. The guests provide a detailed analysis of the potential for interest rate adjustments in 2025, driven by global political influences and domestic economic trends. This episode offers a comprehensive overview of the UK mortgage market, highlighting both challenges and growth opportunities for 2025.  

Join us for the second episode of the FinTech Scotland Podcast's special series on financial crime, produced in collaboration with our strategic partner BT. This episode looks into the growing and sophisticated threat of messaging fraud, a pressing issue in the financial sector. Charlotte Moir from BT is joined by Kevin Britt, Product Manager for Messaging at BT, and Paul Maskall, Strategic Fraud Prevention and Behavioural Lead Principal at UK Finance. Together, they unpack why messaging fraud is surging, explore why individuals and businesses continue to fall victim despite increased awareness, and reveal innovative measures being developed to stay ahead of the fraudsters. We also speak about the exciting work happening in FinTech Scotland's Financial Regulation Innovation Lab in Glasgow. With major financial institutions like Morgan Stanley, HSBC, and Virgin Money setting challenges, fintechs and tech innovators from around the globe are stepping up to collaborate and tackle financial crime.

Around 9 out of 10 charities have told a new report they've had at least one issue with banking in the past two years. The Charity Finance Group and National Council for Voluntary Organisations spoke to almost 2,000 charities in the UK and found more than three quarters had struggled to change the named signatories on their bank account and 4 in 10 said that the checks they were asked to complete weren't designed for voluntary organisations. We'll speak to one of the authors of that report and get reaction from UK Finance, which represents banks.What were the key announcements in the Scottish Budget? We'll discuss income tax thresholds and a promise to lift the two-child benefit cap.If you're a pensioner missing the Winter Fuel Payment this year - what other help could you get if you're struggling? We'll look at Attendance Allowance - who's eligible and how you can apply.And, what's the best advice to make sure you're not inadvertently insuring the same thing twice?Presenter: Felicity Hannah Reporter: Dan Whitworth Researchers: Emma Smith and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 7th December 2024)

Four months after taking office, the UK's Labour government and its Finance Minister Rachel Reeves are unveiling their first budget to the House of Commons this Wednesday. In this edition, we take a look at the big spending items on the agenda and at how Prime Minister Keir Starmer's government is hoping to reduce the national deficit. Also in the show, we report on Chinese smartphone and house appliance maker Xiaomi's meteoric rise in the world of electric vehicles.

A new report given exclusively to Money Box is calling for more help for working families on Universal Credit. The University of Bath's Institute for Policy Research wants the government to raise earning thresholds for extra help like free school meals, NHS prescriptions, council tax support and NHS dental help. The government says it's committed to supporting low-income families by extending the Household Support Fund by £421 million. It also told us its commitment to reviewing Universal Credit so people receive the support they need, saying it is taking "bold action" to help people into work so they can gain financial independence and break down the barriers to opportunity.Banking Hubs should start offering more help for customers with advice on scams, getting online and creating Power of Attorneys according to the former chair of the watchdog, the Financial Conduct Authority. Charles Randell, who's now a member of the Financial Inclusion Committee, says banks need to invest more in the hubs as bank branch closures continue to hit communities with more than 6,000 having closed since 2015. UK Finance, which represents banks, says significant ongoing investment is being made to support customers with access to cash and day to day banking needs.What changes could the Chancellor make to ISAs and Dividends in her October Budget?And energy prices go up next week - what does it mean for you and how does it work?Presenter: Paul Lewis Reporters: Dan Whitworth and Catherine Lund Researchers: Emma Smith and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 28th September 2024)

Enjoying the podcast? Tell us what you think below and give us a rating. As always we'd love to hear your suggestions and feedback. Send us an email: podcast@pensionbee.com.   In this bonus episode of The Pension Confident Podcast, we're revisiting an important topic - financial scams. According to research by UK Finance, £1.17 billion was stolen through fraud in 2023. So what are the red flags we all need to watch for when it comes to our finances? Tune in to hear the best bits from episode seven, as our host, Philippa Lamb and our expert guests shared their top tips to avoid financial scams and what to do if you think you've been a victim. We hear from: Former Chief Executive of The Pensions Advisory Service and Independent Non-Executive Director at PensionBee, Michelle Cracknell CBE; Former Head of Security and Counter Fraud at Open Banking, Lisa Markey; and PensionBee's CTO, Jonathan Lister Parsons. Episode Breakdown: 01:37 Personal stories from the guests 03:38 The different types of financial scams 05:29 Scams and vulnerable people 06:35 Pension scams 11:15 How to spot the signs of financial fraud 12:44 What to do if you think you might be a victim   Further reading and listening: To learn more about financial scams and protecting yourself and your money, check out these articles and podcasts from PensionBee: Episode transcript  E7: of The Pension Confident Podcast: How to stay safe from fraud and financial scams (Podcast) How to spot a pension scam 4 pension scams to watch out for What is pension liberation? Early pension release rules   Other useful resources: Scams Awareness Campaign (Citizens Advice) Annual Fraud Report 2024 (UK Finance) 'Scam Man and Robbin' game The Money and Pensions Service Financial Conduct Authority (FCA) Types of pension scams (FCA) Protect yourself from scams (FCA) Reporting fraud and cyber crime (Action Fraud)   Catch up on the latest news, read our transcripts or watch on YouTube: The Pension Confident Podcast The Pension Confident Podcast on YouTube   Follow PensionBee (@PensionBee) on X, YouTube, Threads, Instagram, TikTok, Facebook and LinkedIn. Follow Michelle and Lisa on LinkedIn.

#172You should listen to this episode if you're looking for ways to get to your UK Property objectives that little bit quicker. Even if you know these resources, download anyway to hear alternative ways to use them. I can almost guarantee you'll find inspiration for your own story one way or another.In this episode we discuss:R for Rightmove: Everyone knows this well-known property portal but have you thought of using it to to find investment locations by working out the median prices of properties?S for Spare Room: A great resource for HMO research, understanding the competion, and tenant demand.T for Tax Café: Essential books for tax planning, including tips for non-residents and non-doms.U for UK Finance: Provides comprehensive data and analysis on banking and finance industry activity.V for VPN: Frustrated by being blocked from Utility Companies' websites ? A VPN can help you access UK services from abroad by encrypting data and masking IP addresses.W for Word: Useful for journaling, transcription, and maintaining an organized body of content. An obvious one, but still essential in my book!X for Excel: Xerox nearly made it but I don't know enough about it to do it justice. So, even though this piece of Microsoft magic begins with an E, we plumped for Exce:  ideal for deal analysis, cash flow forecasting, and task management. Couldn't live without it!Y for YouTube: A treasure trove of free property advice and tutorials, though watch out for the ads!Z for Zoopla: It was nearly Zapier, and in the episode we talk about other To-Do-List tips and tricks, but in the end we chose Zoopla.  Another property portal that's great for price history and additional insights.We work with time poor professionals get a good return on their money by investing with us. Schedule a callLeave an honest review of Expat Property StoryJoin our Mailing List to join our WhatsApp  group AND access our 37 Question Due Diligence Checklist AND our 23 Step Guide to Buying Property at Auction AND our Monthly NewsletterFollow the Show on InstagramTell us the one thing you're struggling with in UK propertyDetails of where to meet other Expat Property Investors (For FREE!!!):Hong Kong: Pacific Coffee, 2/F, Central Building, Central (first Saturday of each month from 11:30 am)Dubai: Holiday Inn, Science Park (first Wednesday of each month from 7pm)Singapore: The Providore at VivoCity (first Saturday of each month  from 10:30 am)Keywords:UK property objectives, property resources, investment location, Rightmove, buy to let strategy, property investment, median price, property reconfiguration, HMO strategy, spare room, tenant demand, landlord research, property tax planning, TaxCafe, UK Finance, VPN service, Microsoft Word, journaling for investors, property spreadsheet, financial control, Google Docs, property data analysis, check my file account, Zoopla, UK property listings, property portals, rental properties, property price history, UK property research, property podcasts.

Lucinda Rouse and Emily Harle are joined by Clare Mills, deputy chief executive of the Charity Finance Group, and Mike Conroy, director of commercial finance at the banking trade association UK Finance.They start by listening to an account of contrasting experiences with two high street banks by Cat Ross, chief executive of Baby Basics and volunteer director of Rwanda Child.Clare describes recent progress in strengthening the relationship between banks and charity infrastructure bodies, as well as an uptake in digital banking services by charities. She also stresses the need for banks to simplify their administrative requirements.Mike explains why charity customers often present complications to banks, not least due to the varied nature of charity governance structures. He outlines measures to improve communication and understanding on both sides, including a new Voluntary Organisation Banking Guide published by UK Finance.Also in the episode, reporter Dami Adewale talks about his recent long read exploring how charities can contribute to the longer term response to the recent riots. Do you have stories of people whose lives have been transformed for the better thanks to your charity? If so, we'd like to hear them! All it takes is a short voice message to be featured on this podcast. Email lucinda.rouse@haymarket.com for further information.Tell us what you think of the Third Sector Podcast! Please take five minutes to let us know how we can bring you the most relevant, useful content. To fill in the survey, click here. Hosted on Acast. See acast.com/privacy for more information.

When FT columnist Miranda Green lost her father, she expected the grief to be long-lived. What she didn't expect was that she would still be attempting to settle her father's financial affairs nearly a year later with multiple calls to banks, building societies, insurers and utility companies. In an episode which first aired last September, Miranda tells presenter Claer Barrett about her experiences dealing with inconsiderate call handlers and poor processes in the private sector. Claer puts Miranda's concerns to Eric Leenders, the director of personal finance at UK Finance, the trade body that represents about 300 financial services organisations. What are they doing to address the problem? Want more? Listen to the second part of this series, Help! My parents are being targeted by scammersRead Miranda Green's article for free: Sadmin - the side hustle nobody wantsServices mentioned in the podcast: https://www.gov.uk/after-a-death/organisations-you-need-to-contact-and-tell-us-oncehttps://www.mylostaccount.org.ukhttps://www.deathnotificationservice.co.ukFor more tips on how to organise your money, sign up to Claer's email series 'Sort Your Financial Life Out With Claer Barrett' at FT.com/moneycourseIf you would like to be a guest on a future episode of Money Clinic, email us at money@ft.com or send Claer a DM on social media — she's @ClaerB on Instagram and TikTok.Want more?Check out Claer's column, Widowed pensioners ‘could be owed thousands' in UK state pension.Listen to more episodes, such as How can I cut the cost of my insurance cover?, Can financial therapy change our relationship with money?, and more.Presented by Claer Barrett. Produced by Philippa Goodrich and Laurence Knight. Our executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music.Read the transcript of this episode which was first aired last September on FT.com Hosted on Acast. See acast.com/privacy for more information.

New tactics to fight mobile phone fraud are being rolled out across England and Wales. It's when mobile phones are stolen not for the value of the physical handset but for criminals to access the banking and financial apps and steal money from victims. Paul Lewis speaks to the national lead on robbery, Commander Richard Smith, about how new intelligence and techniques to pursue suspects have led to arrests and prosecutions going to court.More and more of us are paying tax on our savings. Recent figures suggest that in April over 6 million savings accounts were set to earn enough interest to have to pay tax. That is more than double the number of accounts the year before, according to analysis by the lender Shawbrook. In November, HMRC told us that for the majority of customers this tax on savings interest is automatically collected using their tax code, but many listeners get in touch concerned they will have to pay tax and wondering how to do it. What should they do?Listeners and lawyers who are court appointed deputies say banks won't let them act properly for the person they protect. We'll speak to the Association of Lifetime Lawyers about what they're seeing. UK Finance, which represents banks, says it knows there's more to be done and that it's working with members and government bodies to look at how greater consistency can be achieved across the industry.And, what's a children's pension and how do they work?Presenter: Paul Lewis Reporters: Dan Whitworth and Catherine Lund Researcher: Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 20th July 2024)

This time next week the General Election will be over. As the days count down we'll get into the nitty gritty with listener questions on Inheritance Tax, Capital Gains Tax and ISAs. Some lawyers and listeners who are acting as powers of attorney have told Money Box they're having problems dealing with banks on behalf of their clients and relatives. The Association of Lifetime Lawyers, a group of legal professionals who support vulnerable and older people, has also told this programme banks need a more streamlined and consistent approach to dealing with powers of attorney. UK Finance which speaks for the banks acknowledged there is more to be done. It says banks are working with members and government bodies to look at how greater consistency can be achieved across the industry.And a tribute to former Money Box presenter and founder Vincent Duggleby, who sadly passed away earlier this month.Presenter: Paul Lewis Reporter: Felicity Hannah Researchers: Neil Morrow, Catherine Lund and Jo Krasner Editor: Jess Quayle (First broadcast 12pm Saturday 29th June 2024)

A new report from the Finance Industry Peak Body, UK Finance, which represents more than 300 firms in the UK, reveals that cash remained the second most popular payment method, after debit cards – with an estimated three million people still relying on it. Their research suggests 1.5 million mainly used cash in 2023, up … Continue reading "Cash Transaction Usage On The Rise (Despite The Banks' Best Worse Efforts)!"

It's been quite a month for elections in Europe, but in this episode, Regulatory Intelligence's Lindsey Rogerson, Mike Cowan, and Rachel Wolcott pick out what financial services should be aware of after the Labour party's win in the UK election on July 5. The financial services sector certainly will play a part in Labour's growth plans. The party's financial services plan, published in January said: “We will unashamedly champion our financial services sector as one of the UK's greatest assets.”Rachel Reeves, the new Chancellor of the Exchequer and the first woman to hold the post in 800 years, has been warmly received by women working in Britain's finance sector. Her appointment as well as the increase in diversity in members of parliament across all parties was called a break-through moment at this week's Women in Finance summit held in London. Tulip Siddiq was appointed as City Minister as the podcast was going to press. She had been Labour's shadow City Minister since 2021. On July 8 Reeves told an audience of financial services and green industry leaders that economic growth is a national mission. She also announced Labour will go ahead with a national wealth fund with a remit to invest in and catalyse private sector investment in new and growing industries.This discussion was recorded on 8th July, things will change when the government gets going with its first King's Speech setting out its legislative agenda and announces its budget in the fall. There will be a wait to hear whether the new government prioritizes crypto and pushes forward with that regulatory workstream, where it lands on economic crime and how it will push forward the green finance agenda as well as changes to the car insurance market—to name but a few items in its bulging inbox. Perhaps the biggest question now, however, is whether the government will do something for financial services when it comes to doing business with the European Union. LinksLabour's financing growth plan: https://labour.org.uk/updates/stories/financing-growth-labours-plan-for-financial-services/ UK Finance publishes financial services manifesto: https://www.ukfinance.org.uk/news-and-insight/press-release/uk-finance-publishes-financial-services-manifesto Contact us:Rachel.Wolcott@thomsonreuters.com, Lindsey.Rogerson@thomsonreuters.com, mike.cowan@thomsonreuters.com. Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

What are the financial issues that you will be considering when you decide how to cast your vote in the General Election in July? Research shows that the economy and inflation are two big issues on our minds - we'll hear from some potential voters on what they'd like to see.New figures from UK Finance, which represents banks and other finance firms, revealed that in 2023 a record number of people lost more than £450 million to thieves who tricked them, manipulated them and then drained their bank account. The slightly better news is that more of them got their money back. We'll delve into the details.And almost three quarters of a million tax credit renewal letters are hitting people's doormats over the next few weeks - and thousands of people will need to act or face losing their payments. What should you do if that's you? Presenter: Paul Lewis Reporters: Dan Whitworth, Sandra Hardial and Neil Morrow Studio Producer: Craig Henderson Editor: Jess Quayle(This programme was first broadcast Saturday 25th May 2024)

In this episode Rachel Wolcott, senior editor, welcomes special guest Justine Walker to the podcast. Justine is the Association of Certified Anti-Money Laundering Specialists' (ACAMS) global head–sanctions, compliance, and risk and its vice-president for thought leadership. She is an expert on sanctions, counterterrorism, and financial crime she has held specialist positions within the UK's Financial Conduct Authority, HM Treasury, the United Nations Office on Drugs and Crime and UK Finance.Russia's invasion of Ukraine in 2022 ushered in a new set of unprecedented sanctions, including the imposition of a novel oil price cap, meant to stop Russia selling oil above $60 a barrel. But Russia seems to be able to get everything it needs to keep the war going. Justine expects enforcement action to unfold as the year progresses."We're entering into a much more aggressive phase regarding the price cap, we've got new price capacitation requirements, we've had a flurry of new guidance. We're probably going to see this play out in terms of more enforcement, and I think this year is going to be pretty informative in terms of how the oil price cap will end up being in terms of a longer-term tool," Justine told Compliance Clarified.Justine emphasized the importance of Executive Order 14114, signed last year by President Biden, which ratchets up secondary sanction risk for non-U.S. financial institutions which give direct support to Russia's military-industrial base but also for indirect assistance, such as facilitating customers' dealings or providing services to customer transactions related to Russia's military-industrial base.Justine explained the convergence of export controls with anti-money laundering (AML) and sanctions compliance. She emphasized the need for financial institutions to be proactive in identifying sensitive technologies and strategic trade, which are increasingly becoming a focus for the Group of Seven governments."One of the big challenges is this merger between export control requirements, AML and sanctions. There's been more of a nexus between AML and sanctions, but the nexus with export controls has not been there to what we're now seeing is being asked. We're seeing much greater expectations from governments, that financial institutions will become more proactive in their thinking around their role in sensitive technology, strategic trade, export control, and that is a whole area of speciality in itself" Justine said.Links:ACAMS's Global Threat Report: https://www.acamstoday.org/global-afc-threats-report/INSIGHT: Latest U.S. warnings to foreign banks doing significant Russia business may herald sanctionsenforcement action Inside Paywall: http://go-ri.tr.com/3ZIw6BOutside Paywall: https://regintel-content.thomsonreuters.com/document/I899083B0DCA811EE925AD4411E508A2D/INSIGHT:-Latest-U.S.-warnings-to-foreign-banks-doing-significant-Russia-business-may-herald-sanctions-enforcement-action-07-03-2024U.S. targets Russian "malign activities" linked to Wagner Group in Central African Republic: https://regintel-content.thomsonreuters.com/document/I87D16B80DD8D11EE985CDDFFB3F5522A/U.S.-targets-Russian-'malign-activities'-linked-to-Wagner-Group-in-Central-African-Republic-11-03-2024EU sanctions: new rules to crack down on violations | News | European Parliament: https://www.europarl.europa.eu/news/en/press-room/20240308IPR19002/eu-sanctions-new-rules-to-crack-down-on-violationsPrevious episodes:Season 10, Episode 5: How Mekong region organized crime built a global cryptocurrency money laundering network: https://podcasts.apple.com/gb/podcast/season-10-episode-5-how-mekong-region-organized-crime/id1548510826?i=1000646371712Season 9, Episode 8: Hamas, terrorist financing and the U.S. response to the 7 October attack: https://podcasts.apple.com/gb/podcast/season-9-episode-8-hamas-terrorist-financing-and-the-u/id1548510826?i=1000635015943Series 9, Episode 3: North Korea, Russia, crypto and changing attitudes to sanctions in Asia: https://podcasts.apple.com/gb/podcast/series-9-episode-3-north-korea-russia-crypto-and/id1548510826?i=1000631061413Contact us:Rachel.wolcott@thomsonreuters.comMore information about Thomson Reuters Regulatory Intelligence: https://legal.thomsonreuters.com/en/products/regulatory-intelligence Compliance Clarified is a podcast from Thomson Reuters Regulatory Intelligence.Listen to wide-ranging, insightful discussions on all things compliance for financial services firms. We delve into the hot topics of the day, the challenges faced and offer up practical ideas for emerging good practice. We de-mystify regulation and explore the art, as well as the science, of the ever-expanding role of the compliance officer.  Enforcements, digital transformation, regulatory change, governance, culture, conduct risk – anything and everything impacting the compliance function is up for discussion.

This week we're tackling the cost of the festive season and looking at how to avoid scams. The cost of Christmas is up almost a quarter over the last three years according to the The Centre for Economics and Business Research. What can you do to keep costs down?And as figures from UK Finance, the trade body for banks, suggest nearly £100m will be stolen from around 200,000 people through fraud and scams over the Christmas period we'll discuss what you can do to avoid them.With Felicity Hannah today to go through your questions and comments we have Sarah Pennells, consumer finance specialist at Royal London and Professor Sharon Collard, Research Director at the University of Bristol's Personal Finance Research Centre.We'll also be hearing from Paul Askew a chef and the owner of the Art School restaurant in Liverpool and he'll be giving us some tips on how to cut the cost of Christmas Dinner.Presenter: Felicity Hannah Producer: Sarah Rogers Reporters: Dan Whitworth and Kath Paddison Editor: Jess Quayle(First broadcast 3pm Wednesday 13th December, 2023)

Property buyers have said their home completions are being left in limbo after a company providing IT services to law firms was hit by a cyber incident. Money Box has found some of the UK's largest lenders have begun extending mortgage offers for those affected. A national debt charity is calling on lenders to improve the way they identify customers who're getting into problem debt. StepChange says its recent research shows almost half of people with credit debt are experiencing difficulty with household bills and 1 in 6 adults are using credit to make ends meet. UK Finance which represents banks and credit card companies says lenders are committed to lending responsibly.Charities are facing weeks or even months unable to access their own money thanks to the unexpected closures of their bank accounts. We've been getting emails about accounts being closed without people being given any reason or warning. UK Finance says banks will only take a decision to close an account after an extensive review and analysis. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle(First broadcast 12pm Saturday 2nd December 2023)

In this episode of The Power of Data Podcast, Sara de la Torre, Head of Financial Services at Dun & Bradstreet in the UK, engages in a conversation with Dame Teresa Graham, UK Chair at UK Finance for SME's, and Dun & Bradstreet's, Ravi Sidhu, our Subject Matter Expert for Credit Risk and Compliance for SME's. The conversation centers on unlocking SME growth in the UK, delving into the transformation of SME finance, exploring the drive for innovation, and discussing contributions towards overarching economic and environmental sustainability goals. 

John Teahan, CFA, portfolio manager at Redwheel speaks to James Alexander, CEO of UKSIF, charting his career from student politics, to megacity projects and finally to his position as CEO. Within the UK financial industry, James and John map the sustainability landscape across the most influential government departments, to the regulators and task forces that are shaping standards and disclosures.

More than £500m was stolen by fraudsters in the first half of 2023, according to figures from UK Finance. This is less than the same period in 2022, but Authorised Push Payment (APP) scams, where people are tricked into transferring money to thieves, are on the rise. We ask what can be done to fight back against the fraudsters, both on a personal and industry-wide level? Joining Felicity Hannah are Ben Donaldson, Director of Economic Crime at UK Finance, TSB's Manager of Fraud Operations, Paul Davis and Kathryn Westmore, Senior Research Fellow at the Centre for Financial Crime and Security at the Royal United Services Institute (RUSI) think tank. Plus Dan Whitworth goes behind the scenes at TSB's Fraud Prevention Centre in Sunderland. And we hear from case studies who've lost money, managed to get it back – but been left devastated by being scammed. Presenter: Felicity Hannah Reporter: Dan Whitworth Producers: Sam Clack and Sarah Rogers Editor: Jess Quayle (First broadcast 3pm, Wednesday 25th October, 2023)

In this episode, guest host Andrew Strange is joined by Stephen Pegge, Managing Director at UK Finance, and Katy Bennett, a Director leading PwC's Diversity, Equity and Inclusion consulting business, to explore how the financial services sector is embracing diversity and inclusion (D&I).Our expert guests reflect on the enhanced regulatory focus on D&I in the sector, and discuss the challenges facing firms in meeting the proposed new regulations. Our guests also share insights on the steps firms are taking to drive positive change within the industry, including through data gathering and enhanced governance and accountability, and consider what a supervisory regime could look like. You can contact our PwC speakers if you'd like to discuss any of the topics covered, at andrew.p.strange@pwc.com and katy.e.bennett@pwc.com.To hear more from us on Risk & Regulation, you can access our regular publications at this site: https://www.pwc.co.uk/industries/financial-services/understanding-regulatory-developments.html 

When FT columnist Miranda Green lost her father, she expected the grief to be long-lived. What she didn't expect was that she would still be attempting to settle her father's financial affairs nearly a year later with multiple calls to banks, building societies, insurers and utilities. She tells presenter Claer Barrett about her experience of inconsiderate call handlers and poor processes in the private sector and Claer puts Miranda's concerns to Eric Leenders, the director of personal finance at UK Finance, the trade body that represents about 300 financial services organisations. What are they doing to address the problem?Want more? Free link:Sadmin - the side hustle nobody wantsServices mentioned in the podcast:https://www.gov.uk/after-a-death/organisations-you-need-to-contact-and-tell-us-oncehttps://www.mylostaccount.org.uk/https://www.deathnotificationservice.co.uk/If you'd like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help. Follow Claer on X, formerly Twitter, and Instagram @ClaerbPresented by Claer Barrett. Produced by Philippa Goodrich and Laurence Knight. Our executive producer is Manuela Saragosa. Sound design by Breen Turner and Samantha Giovinco, with original music from Metaphor Music.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

Scammers try to take advantage of human politeness. Utilizing critical thinking and slowing down conversations with someone who claims to be an authority like a government agency or bank could be what prevents us from making a financial mistake. Today's guest is Giles Mason. Giles is the Director of Campaigns at UK Finance. He is responsible for planning and delivering the organization's communication activities to promote campaigns on behalf of the banking and finance industry. Show Notes: [0:50] - Giles shares his background and current role at UK Finance. [2:36] - In 2016, UK Finance launched Take Five to Stop Fraud. [4:03] - Many victims of fraud often think after they've responded to a scammer that they could tell that something wasn't quite right. [5:36] - The biggest trend at the moment is purchase scams. [6:16] - The type of scam that normally sees the greatest fraud is impersonation scams. [9:08] - Scams that banks see are typically payment scams through their bank account. [10:10] - Once a payment is made, most of the time there's nothing you can do about it. Banks will do what they can, but it's not always possible. [12:38] - There are even scams that involve purchasing a home which are terrible because of the sheer amount of money involved. [14:04] - Hang up and call the number you know for certain is your bank. [17:13] - As humans, we want to be supportive and respect perceived authority. [18:38] - Scammers typically won't have a good reaction to you saying that you will call the number you know, which is a sign that they are not who they say they are. [21:10] - Young people are more willing to share information about a scam. [23:35] - While Giles has not fallen victim to a scam, he has had multiple attempts. [25:41] - Giles describes some of the trends in scamming. [27:48] - Stop, challenge, and protect. Thanks for joining us on Easy Prey. Be sure to subscribe to our podcast on iTunes and leave a nice review.  Links and Resources: Podcast Web Page Facebook Page whatismyipaddress.com Easy Prey on Instagram Easy Prey on Twitter Easy Prey on LinkedIn Easy Prey on YouTube Easy Prey on Pinterest Take Five to Stop Fraud Home Page

The Ins And Outs Of British English Money Idioms Hey, English Learners! Ready to unlock the mystery of British money idioms? Forget about hitting language barriers— Adept English has got you covered with another great #englishlesson that's jam-packed with value.

Women and Equalities Minister Kemi Badenoch wants new buildings to offer separate male and female toilets before any gender-neutral facilities. Our senior government reporter Alex Wickham analyses what the announcement tells us about Rishi Sunak's political positioning. Plus: how worried are banks about landlords and mortgage arrears? We speak to James Tatch from industry group UK Finance. Hosted by Lizzy Burden, Yuan Potts and Stephen Carroll.See omnystudio.com/listener for privacy information.

Bank bosses are being asked to explain why interest rates on savings aren't keeping up with the rising cost of borrowing. The heads of Lloyds, HSBC, NatWest and Barclays banks will meet the Financial Conduct Authority (FCA) on Thursday. Chancellor Jeremy Hunt has already stepped in to tell banks to put up rates for savers. At the moment the Bank of England base rate is 5 per cent, following last months 13th consecutive rise. UK Finance who speak for banks say "savings rates are driven by a number of factors," not just the base rate. Laura Suter, head of Personal Finance at AJ Bell and Kirsty Stone, Chartered Financial Planner at The Private Office, are here to help make sense of your savings. Presenter: Adam Shaw Producer: Sarah Rogers Editor: Jess Quayle (First broadcast 3pm, Wednesday 5th July, 2023)

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $30,304 Eth is up slightly at $1,922 XRP down slightly at 81 cents SEC not providing support for major congressional effort  French officials diss SEC crypto regulation attempts SEC Chairman Gensler asks for $72M more in funding from congress. FTX administrators seek to recover $71M from philanthropic endeavors Toonstar promises FTX show "FORTUN3" this fall. UK Finance ministry rejects idea of regulating crypto as gambling. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this revealing episode, we sit down with Assaf, a former member of Fakebook's integrity team, to explore the complexities of combating scams and fraud on social media platforms. Assaf shares candid insights into the challenges faced by the team in preserving user safety while maintaining platform integrity. We delve into shutting down fake accounts, the impact on PR on the team's work and the importance of industry collaboration, particularly with law enforcement agencies. Join us as we uncover the strategies and considerations involved in making social media a safer place for users, with a focus on building productive partnerships and preventing potential scams.Find Assaf on LinkedIn: https://www.linkedin.com/in/assafkipnis/This podcast is hosted by Ayelet Biger-Levin who spent the last 15 years building technology to help financial institutions authenticate their customers and identify fraud. She believes that when it comes to scams, the story starts well before the transaction. She has created this podcast to talk about the human side of scams, and to learn from people who have decided to dedicate their lives to speaking up on behalf of scam victims and who take action to solve this problem. Be sure to follow her on LinkedIn and reach out to learn about her additional activities in this space. https://www.linkedin.com/in/ayelet-biger-levin/ Also check out https://scamranger.ai if you had received a message that you suspect is a scam

The average interest rate charged by mortgage lenders is now much higher than many homeowners have been used to. So what can those struggling to make repayments do - and what if any help should lenders provide? The experts in this podcast are Charles Roe, Director of Mortgages at UK Finance, Andrew Wishart, Senior Economist at Capital Economist and Rita Kohli, Managing Director at The Mortgage Stop. Presenter: Felicity Hannah Producer: Amber Mehmood Editor: Beatrice Pickup (First broadcast 3pm, Wednesday 21st June, 2023)

Get ready to challenge what we know about the fusion of AI and cryptocurrency. Today, we're set to demystify the intricate connections they share and how the phenomenal blockchain technology is stepping up to resolve the challenges AI springs up.We're also diving headfirst into the financial sphere as we dissect recent shifts in the attitudes of big names like the IMF and the European Commissioner for Financial Services towards cryptocurrency. We've got some thought-provoking discussions lined up with Bob Wiggly of UK Finance and Hal Scott from Harvard Law School who've been vocal about the tremendous potential of tokenization.Lastly, we're going to examine the skyrocketing interest in Bitcoin among financial advisors and the potential ripple effects of a Bitcoin ETF. Let's unveil the secret behind the popularity of ETFs and the surprising reasons why a Bitcoin ETF remains elusive.Subscribe to podcast updates | Ask Ric | Ric's Books-----Links from today's show:OpenAI's Sam Altman Raises $115 Million for Worldcoin Crypto ProjectCitadel Securities, Virtu Form Crypto Plan with Fidelity, SchwabThree Challenges in Cryptocurrency RegulationLeveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor SaysDACFP - Certificate in Blockchain and Digital AssetsGlobal X Artificial Intelligence and Technology ETF (Ticker AIQ)7/12 Live Webinar with Ric on Crypto SMAs - Register hereFollow Ric on social media:Facebook | Instagram | LinkedIn | Twitter | YouTubeBrought to you by:Global X ETFsInvesco QQQSchwabDisclosure page-----

Changes to how families of disabled children can access UK government-backed trust funds have been announced. Currently, parents and carers of 18-year-olds who lack mental capacity have to apply to the Court of Protection to access the money. The Ministry of Justice says claims will now be dealt with in eight weeks - rather than six months. We'll hear from Mike Freer the Minister for Courts and Legal Services and from a campaigner who says the changes don't go far enough. Hundreds of thousands of people have had their personal information stolen by hackers. We'll ask what you can do now to stay safe. We'll discuss a new report calling for banks and other financial institutions to do more to improve services for people with hearing difficulties. The report is from the Lending Standards Board which is calling for greater inclusion. UK Finance, which represents the banking and finance sectors, told us it's committed to supporting customers and do offer extra support including British Sign Language translations in branches, longer appointments and quiet rooms. Help To Save, a savings scheme for people on low incomes, has been extended. We've got the details. Presenter: Felicity Hannah Team: Dan Whitworth, Sandra Hardial, Jo Krasner Editor: Jess Quayle (First broadcast 12pm, Saturday 10th June, 2023)

The Financial Conduct Authority is concerned that young people in particular are turning to bloggers and influencers for investing advice - without fully understanding the risks. Scammers are also using social media platforms like Instagram, Facebook, YouTube and TikTok to target people, as the cost of living pushes people to look for high return investments. In this podcast, we discuss what red flags to watch out for and how easy it can be to end up parted from your money. The experts on the panel are Giles Mason, Director of Campaigns at UK Finance, Laura Suter, Head of Personal Finance at AJ Bell and Sharon Davies, CEO of Young Enterprise. Presenter: Ruth Alexander Producer: Amber Mehmood Reporter: Sandra Hardial Editor: Elisabeth Mahy If you have been affected by the issues covered in this podcast, visit BBC Action Line for advice or support: https://www.bbc.co.uk/programmes/articles/375cB1pZ3FwFRQMh9zLxZhb/information-and-support-fraud (First broadcast 3pm, Wednesday 21st May 2023)

[00:00:00] Alec Hill: There is something remarkable when you put it on paper, how you create a distance from yourself. It objectifies it, and you're able to stay away from it a little bit. And this has been shown in research out of the University of Texas. So, I'm a real believer in journaling.  It has been a constant and continues to be a regular outlet for me with my pain, with my lamentations, with my anger. And it releases me. I don't know. It's just been a discipline for what now - 50 plus years and it's one of God's gifts to me.  ++++++++++++++++ [00:00:31] Tommy Thomas: Our guest today is Alec Hill, the President Emeritus of InterVarsity USA.  For regular listeners, you may remember Alec from Episodes 18 and 19 where he and a former board chair at InterVarsity discussed the CEO/ Board Chair working relationship. Alec was President of InterVarsity for 14 years before retiring for health-related reasons. When I recruited him to be the President of InterVarsity, he was the Dean of the School of Business and Economics at Seattle Pacific University. Alec took his law degree from the University of Washington.  Alec, welcome back to NextGen Nonprofit Leadership. [00:01:06] Alec Hill: It's always good to be with you.  [00:01:10] Tommy Thomas:  Episodes 18 and 19. Those seem like a long time ago. [00:01:14] Alec Hill: To you, time is, it has a different clip for me, but yeah, for you it's, you're up to a hundred something now.  [00:01:20] Tommy Thomas: We'll, yeah, I think this we'll be 92 or 93, and yeah, we'll hit Episode 100 sometime in early August. I was trying to remember that quote. That guy told me one time about the early episodes. He said, “The bad news was they probably wouldn't be very good, but the good news was you won't have very many listeners then either”. So, I don't know, some of the early episodes might have been like that. Thank you for coming back. I read the article that you posted on the Christian Leadership Alliance Blog and I was intrigued by it knowing a little bit about your history there, I thought I have to get Alec back.  Maybe take us into that.  As I remember, the name of the article was Finding Gold in Manure. [00:01:59] Alec Hill: Yeah, so the image is when we lose a wedding ring down the sink, we dive in, and even if it goes down the toilet, we go in because the ring is so valuable. So the metaphor is, as leaders, when we go through really bad experiences, I mean we think back on the two or three worst experiences we've ever had as leaders, whether they are our fault or not. And the temptation is just to let the ring go. And not dive, do the dive. But what I've learned is that when you go and you find the ring maybe 80% of its draws are manure, but 20% of it is pure gold. And so often in our worst moments in the suffering that we have we find great meaning. And if we don't learn those lessons at that point in time they'll come back and bite us again.  “If we pause and reflect long enough, pain is a great teacher. Our characters can be transformed more through a day of suffering than a month of study” [00:02:42] Tommy Thomas: I think one of your quotes was “If we pause and reflect long enough, pain is a great teacher. Our characters can be transformed more through a day of suffering than a month of study” [00:02:53] Alec Hill:   Yeah, I think that's really true. And I say that, I wrote that as an academic, right? So, I believe in study, but clearly if we, you by the way, you can learn poorly from pain if pain, if you reacted adversely to it. If you deny it. Or if you're triumphal in some ways over it, if you don't walk right through it head on it's a totally negative experience. But if you actually can redeem the pain is awful. Pain sucks. I'm a two-time cancer survivor, including a bone marrow transplant. I know about pain. So pain is no fun. And likewise, leadership failures. And when people accuse you of being incompetent or immoral that's no fun. But there's a side to this where you have to learn the lessons from that, and then you become a better person and a better leader.  [00:03:37] Tommy Thomas: So why do you think it's so hard for us to reflect on past painful situations?  [00:03:43] Alec Hill: Oh my goodness. I think we hate pain. We're wired to hate pain. Part of my bone marrow transplant was a spinal tap, and I was reflecting on that the other day. And a spinal tap is one of the worst procedures you can ever have, right? They're going in through your back with a needle and they're trying not to hit nerves, and of course they do. I don't want to think about the spinal tap, but what the spinal tap told the doctors was that I didn't have certain conditions so they were able to go ahead with the treatment. And it was a positive treatment with a lot of pain. And I think, again, that's not a bad image here for these. And what I would've asked our listeners to think about is the one worst experience you've ever had as a leader where everything went wrong, where everybody thought you were an idiot or an immoral person. And they lost confidence in you when you came in a room you had, they looked like they had knives out and they were suspicious of you. And that's the moment that we want to capture in this podcast.  [00:04:33] Tommy Thomas: But take me back to some of the other painful experiences. A man with as much leadership as you've had, both at Seattle Pacific and InterVarsity no doubt has had several painful days.  [00:04:44] Alec Hill: Two of my worst moments or months, or even in one case years, one involved, and this is a common one, hiring someone to my senior team who didn't work out. And the person was popular and well liked and I had to let the person go. And then when I let the person go, I couldn't tell all my reasons for doing so when people ask questions. So, you look like you are incompetent in making the hire. You are incompetent in making the dismissal. You're being disingenuous because you're withholding information that few people feel they have the right to have. And you feel like a failure on all counts. I think that particular situation lasted for several months when I just was underwater. And people again lost confidence in me. I think the second one was a more dramatic one, and it involved more people conflict between a senior leader and a director below a report to that person and it blew up. It involved race and gender and all sorts of things, and I didn't particularly handle it well in terms of how I processed and dealt with it, and that pain lasted for a year and a half. And my sort of, I think the sense of my incompetence and how I handled it I felt acutely was the first time I'd gone to see a counselor. I was having dreams. It was one of those completely underwater experiences. That was worse than a spinal tap. If I could put it that way. It was worse. And feeling responsible for allowing people to get hurt that if I'd handled things differently there would've been a lot less hurt in other people's lives. And this is what, 15-20 years ago. I still feel this acutely to this day. So again, my hypothesis, Tommy, is that every leader, every senior leader has a situation like that, that when you ask them what is the main pain point, the worst moment of your leadership time, they have one of these. And that's the kind of situation where you. Your temptation is just to bar the door. Never think about it, just deny it. You don't deny it, but you just relegate it. But the thing is, I learned a lot about myself both good and bad. Through that, I learned about the positives, I learned about my resilience. I came to work every day when I felt like people were extremely doubting me. And I didn't know I had that kind of resilience. So that's one positive aspect of it.  [00:07:00] Tommy Thomas: So you mentioned you went to the counselor for the first time. Was that a hard thing to do to make that appointment? [00:07:05] Alec Hill:  No, I'm not proud about, I don't, I'm not macho in the sense that I wouldn't go to a counselor. I just never felt that kind of need. But I was so far out of it and self-doubting. The disequilibrium in my life was so great. I didn't even know where the ground was, and so I just needed someone to tell me I wasn't crazy, right? And to assure me that this will over time improve because I think when we get into a hopeless spiral as leaders and this is why, as Tommy, you've seen people quit. You've seen people fired there. It's dark. It's just really dark and all of the lightness when you first take a job in senior leadership, you go, why in the world did I ever do this? There's so much pain associated with these senior roles of vicarious suffering for the community. Not to mention my own mistakes that you go, this is overwhelming.  +++++++++++++++++ [00:07:59] Tommy Thomas: I read a lot of Joyce Meyers. She's a good writer. And she talks about, in one of her articles, something called the Judas Kiss Test, the test of being betrayed by friends we have loved, respected, and trusted. I guess my hunch is that most people in leadership, who've been there very long, have had an experience like this. Have you had one of those and how did you deal with it?  [00:08:20] Alec Hill: I don't know if betrayal is the word, I would use the word undercut. I have been undercut and it is a horrible feeling with someone who you reasonably expect loyalty. And a common sort of friend who goes around you to do something that is intentionally harmful. It's a smack of ice. Remember the ads where they would put the ice buckets on people and they would, the ice shower or whatever it was? That's one of those experiences. So, I think that's another example of the kind of pain that leaders experience. When who you thought was a friend turns out to be someone who's out to get you. And it's a horrible, lonely spot. And I think, I'm reading about David and King Saul now, and of course, Saul threw spears at David, he did all sorts of things, when David had done nothing wrong. And how did David handle that without killing Saul when he had the opportunity or taking revenge? That's what we, and that's the Christ-like characteristic of not being naive and saying it isn't there and not confronting it. We have to do those things, but not taking, not seeking vengeance or vindication. I think when we seek our own vindication, where we run into trouble that's the Lord's job, but we have to be resilient. We have to call it out. We have to not pretend it's not there. But when you don't, you can't, when you get in a hole, when somebody betrays you, you can't really vindicate yourself. And that's really hard. Others have to do that for you, and the Lord has to do it. I had one situation. I'm shifting gears. I'm just thinking about where my vindication probably took five years and it wasn't complete. But I did see some measure of vindication. I had one person who told me that I was a pretty bad person and a bad leader. Come back several years later and say that she understood why I did what I did. And the story on the street had changed during those years, but it was a very slow. I wanted to fix it a lot quicker. Someone explained it's like when you hit a feather pillow and it explodes and goes all over the place. It's like trying to, when your reputation is out, you're trying to recapture all those feathers and you can't, and if you're a control person, it's really hard.  [00:10:36] Tommy Thomas: You write a lot. Your articles are many, you have published two books.  But do you journal much about your inner feelings and if so, what have you learned from that?  [00:10:46] Alec Hill: It's funny you should ask because I am now transcribing all my journals from when I was 17 years old, so I'm now up to age 29 in transcribing. There were those dark nights of the soul where I would wake up at 2:00 AM and I would journal for two hours. And there is something remarkable when you put it on paper, how you create a distance from yourself. It objectifies it, and you're able to stay away from it a little bit. And this has been shown in research out of the University of Texas.  So, I'm a real believer in journaling. It has been a constant and continues to be a regular outlet for me with my pain, with my lamentations, with my anger. And it releases me. I don't know. It's just been a discipline for what now - 50 plus years and it's one of God's gifts to me.  [00:11:34] Tommy Thomas: I've been a journaler if that's the word you use for it - maybe not 50 years, but a long time. And this morning I woke up with a couple of dissonant thoughts and I just, I went to my journal and I said, I don't feel much like journaling today, and then I went through those and yeah, after about 30 minutes, I came away with maybe a little bit of distance and maybe a feeling that this is not so bad after all [00:12:00] Alec Hill: Getting back to our theme of gold and manure, one of the things that journaling does is it makes you crystallize your thoughts and put them in writing, and that's where you really learn your gold is the goal. Gold is by reflection. If we don't reflect and so many leaders aren't reflective, I'm by temperament. I'm a future-oriented person. So, reflection is hard for me, and part of the reason I journal is because it compels me. To reflect and what are the lessons learned from this last experience? [00:12:27] Tommy Thomas: I was reading, I don't know if it was a blog or what, by Bob Haskins, the President of One Hope down in Florida. And he wrote, surround yourself with people who know you better than you know yourself and will tell you the truth out of love. This is how we grow. Is the digging in manure, is that a solo act, or is that a cadre or a cohort of friends? [00:12:50] Alec Hill:  It's a very small group of trusted friends. And I'd say it's both. I do think you have to do the solo reflection as we were just talking about journaling, but clearly. I had a chief of staff who I gave total permission after every meeting, after every event, after every conference, after every conversation to tell me what he heard. And he would be quite candid with me. And it was painful. And also, I had a number two person who was my COO, and he had the same green light. And what I found is that they would often tell me things that I did or didn't do in a meeting, and I didn't always agree with them, but I gave them the green light. So, in a sense, I was increasing my level of pain and discomfort by telling these two that they could say to me whatever they saw, but I trusted them that much. And then there was a third person, a VP who I also trusted at that level. And I think you can only take so much beating on your bodies, like being boxed. It looks like being a boxer and some of these are poundings you take when you open yourself up. But the right chastisement from a friend who's loyal and trusting is again the pathway to growth. But you can only take so much of it. I think there it's a limited dose and that's what has to be a limited number of people, that kind of vulnerability. [00:14:03] Tommy Thomas:  I'm a big fan of Nicky Gumball and his Bible in One Year. I'm in that maybe not every day but fairly regular. And recently, one of his comments was,  “Confrontation is not something that I find easy. It is crucial to find the right approach, the right words for the job, or to use a golfing analogy, it's like the skill of knowing which club to use. Those who are skilled at confrontation have a great variety of approaches and words and know when and how to use the appropriate one”. What have you learned about confrontation through your many years in senior leadership? [00:14:41] Alec Hill: First of all, I'm intuitively lousy at it. I'm an angiogram three. I like to be liked. I think that I can fix every situation with charm and with compassion and pastoral skills, and when it comes to really confronting people, I had a VP who was fabulous at it, and I learned a lot from Jim.  It was really funny.  Jim had people who he corrected all the time who loved him. And I asked him How do you do that? How do you speak that kind of truth? It was because he did love them, but he also wouldn't drop bombs on them. He would chunk it out and give them criticism or confrontation in the short term. Now, I will say this, I had a bone marrow transplant eight years ago, and I am much better at confrontation now than I was before. And I think in part what the cancer taught me was life is short. Be more candid, be blunter. And my wife looks at me sometimes and she goes, is this really you? Cancer changed me for the good in this regard in that I'm a better confronter and I'm less worried about what people think of me. Because cancer changed me for the good in this regard in that I'm a better confronter and I'm less worried about what people think of me. Maybe the part of that's aging too, and I don't have a position that I have to defend anymore. I think the other thing is I had to let my reputation and sense of competence, my public competence die when I was at InterVarsity and that's liberating. It sounds crazy to think that when you give up your reputation, it's going to be freeing, but I think that process took 20 years. ++++++++++ [00:16:05] Tommy Thomas:  I know you retired from InterVarsity for health reasons. Did you find when, and I'm sure that was foremost in your mind, but I always like to ask people who've been longtime successful leaders, was much of your identity tied up in being the president of InterVarsity? [00:16:22] Alec Hill: You used the word, successful leader. I'd say I have a mixed report card, to be honest. So that's the first thing I just want to say. This is where the cancer's been a real gift. So, when you almost die, when you're expected to die, you get your identity detached from your role real quickly. And when I left, I was diagnosed, and I was gone six weeks later. And then I had a year of isolation to think about all these things. But I do think I was always aware in the 14 years at InterVarsity that my identity could be too wrapped up. So, I consciously tried to work on that issue. It was something I named, and I recognized it as a great temptation. So, I wasn't perfect, but I think I always recognized that I had been given the baton for a period of time. I would pass it off. It wasn't proprietary and this is what I did, not who, what, not who I am, not who I was. And that was liberating, but the claw of the temptation kept reaching up to grab me. I will say this, Tommy, I was surprised when I left after 14 years with the cancer, how little the identity trapped me. I didn't have this longing for the perks of the job. I didn't worry when people didn't recognize me. I think I'm so grateful to be alive. So, I think that was the gift of the cancer, right? I didn't have what a lot of leaders have when they leave, that huge identity crisis. I was trying to live, and so it just, it went underground. It didn't seem very important. And then by the time I came out, I had a different identity. Yeah so, the identity question's a tricky one for me because what would I have been like without the cancer? I don't know.  [00:17:59] Tommy Thomas: Yeah. Now I was talking recently to a pastor of a huge megachurch, and he retired maybe three years ago.  From all appearances, it seems to have been a very successful transition, and this guy has always been, in my mind, the epitome of humility, and yet he was candid enough to say, Tommy, it is disappointing that the phone doesn't ring as much anymore. That he said that, and I just, I was taken back. I thought, wow, this guy I would've thought if anybody probably had mastered that it would've been him, and yet he said, the phone doesn't ring anymore. And every now and then, that kind of bothers me.  [00:18:36] Alec Hill: Back to the gold image here. I get this bone marrow cancer and I'm in isolation. I come off disability after six months, but I can't be with people because I'm in isolation for another six months. The COO who's acting is the interim president, Jim and I agreed I would be a mentor for six months and then I could do a real job. During those six months, I had 12-14 staff from InterVarsity I was talking with monthly. And I discovered this pastoral sense of who I am. And now that's seven years ago. And so, I never got the sense of being, I worked really hard on what my new purpose was. It was the next generation of leaders, and it was investing in them. The phone rings all the time, but it's because I have, I think largely because I proactively put myself out as a mentor and the richness of these really. I have one guy who I've been with for six, seven years now who just sent me a Mariners jersey. Edgar Martinez is a gift for the year. Totally unexpected because we're both baseball fans and I just am thankful for the depth of these friendships. And then other opportunities have opened up as well. So, I do think that this is back where near death when you face mortality, there's a sense of which everything is a grace. And everything is a gift. So, I have a deeply appreciative sense and I don't feel, the glass is more than half full. It's full. It's a full glass.  +++++++++++++++++ [00:19:54] Tommy Thomas: Yeah. I want to switch to something maybe a little more global. A study by the UK Finance and Mental Health First Aid Department in England said that 83% of the City of London Financial Services employees, so they've considered changing jobs due to stress on their mental health. 83%. How prevalent do you think that might be in the nonprofit sector in the United States? [00:20:19] Alec Hill: I think it's very prevalent. I think when you have undoable missions, which you know, any mission's worth of salt is huge, it's going to transform the world. And you combine that with limited resources, which nonprofits have much more than for-profits, right? You have little money. And you have lots of responsibility which is a pivot point for depression, for feeling like a failure. When you throw into that Covid and the fragility of this new generation coming up in terms of anxiety and mental health, and I actually just wrote a piece on my own anxiety issues I think it's a recipe for problems within nonprofits. And I think generationally, each generation approaches it differently. You have the stoic generation, then you have, as I say, the more the people want to talk about it all the time, it's not going to go away. This is a real problem.  [00:21:11] Tommy Thomas: Here's a Mother Teresa quote, I'd like to respond to. Mother Teresa said, I'm not called to be successful, but I'm called to be faithful. [00:21:20] Alec Hill:  Amen. And we can't guarantee the outcomes. We can guarantee the process. I do think though, when she talks about being faithful, another word for that is accountable. And so accountable, just to be faithful doesn't mean that we're freelancing it or that we cannot think about the consequences of our actions. We are accountable but again, we are accountable to be faithful in what we do, not in exactly what happens. And I think as I reflect back, Tommy, I'm a real strategic planner and I love putting out goals and going for them. I still do, but I'm softening on this one. I think that I will say this, that I think what we said is our strategic plans were always dynamic. And that we would, by the time we were done, about a third of it would be rewritten. The mistake a lot of groups make with strategic plans is they're like cement. You're relying on the Lord for wisdom. When you write them up, you're dreaming about what can be, and then you have to hold them real loosely and you have to constantly change them and edit them. I think the sense of being faithful, that context is we're going to work together towards this common mission in these four or five areas for the next three or four years. But we don't know how it's going to turn out. Let me give you an example. At one point, InterVarsity Press, we had hoped that it would grow by X percent and then we hit the great recession of 2009 and there was no way we were even going to get back to zero, right? Because the publishing industry was underwater. We rewrote the goal. And the goal went down, I'm going to guess 35, 40% and we hit that goal well because of the external environment, because the way you don't control, you have to. So, for us, that was a feel-good, even though it was a loss.  Rather than that, we failed. [00:23:06] Tommy Thomas: It's been said that we probably learned more from our mistakes and our successes. If that's the truth, why? Why are most of us so afraid to make a mistake? [00:23:13] Alec Hill: I'll go back to the spinal tap. We hate pain. And, this false self-truth, back to identity, that we want to project a certain image of who we are and how competent we are, especially people like me. When we realize there's a gap between what we project and who we are, we can do one of two things. We can honestly admit that, or we can fake it.  And faking it really takes a toll. You've seen this, I've seen this. Leaders who are faking it are living on the edge. They become unkind, they become self-protective, they become vindictive, and they don't even recognize themselves in the mirror. So it's really hard to remain truly human as a senior leader if you're a perfectionist, if you're a control freak, if you value your public image, all those things have to die. And it is a very, and the crucifixion of those is very painful and it's ongoing.  [00:24:13] Tommy Thomas: If you could go back in time and tell a younger version of yourself one thing, what would you say? [00:24:19] Alec Hill: I think I would say care less about what other people think. And back, this is a common theme here. Don't think so highly of yourself. Relax. Enjoy the ride. I think future-oriented people like me tend to miss the aha moments and the savoring of moments. And I've always been pretty relational, but I'm so goal-oriented and so project oriented that I think that I miss a lot of the magic and the splendor along the way. And again, cancer taught me to slow down and savor. One of the things I do daily, pretty much daily is there's a, near us, there's a city park and I'll go over, it's a five-minute walk and there's a grove of cedar trees and I just go through that cedar tree and I just stop and smell them and I touch them and I just have this sort of sense of God as creator and father. And so I think that's a new wrinkle for me, because I've always been in such a hurry.  [00:25:15] Tommy Thomas: So, what are you most excited about in life right now? [00:25:17] Alec Hill:  Grandchildren, of course. I've got three of them and they're just wonderful. I think I just turned 70 and when I first had the bone marrow transplant, I didn't know that I would live to 70 and now I'm thinking I could live to 80. The whole journey of full-body radiation chemo has taken some years off my life. So, there's this sense of living in a cycle of appreciation and joy and just being relatively healthy. That's also a real joy. I had two new hips put in a couple of years ago because the full-body radiation killed off some of the blood flow to the head of the joint, and I'm going to have more of those coming up. But I think the awe of my wife, having been married for 45 years, and grandkids.  I'd say little kids just light up. Every they're like little energy buckets. They're like batteries. And so even though I come back with a sore back and bent knees and all that stuff, it's just wonderful. So I think that's what I'm most excited about. And I think the other part on the professional side is I'm not retired. I'm working 30 hours plus a week. And one of the big changes in my life, Tommy, has been from having one activity, which is whether it's being a dean or regional director for world relief or doing InterVarsity to having this portfolio of activities. And so I've got a lot of buckets. I have multiple bosses. I teach at Regent College in Canada. I write for Tammy Heim.  There were boards in the past, and so the challenge now is, how do you take all of these activities and make them flow so that they work? And I will say this, everything I do is pretty much, it's fun, wonderful, mission-driven stuff. But what I do miss is doing a mission together with a team. And I think that's the one thing about leading is that, you see a goal, you're doing a mission and you're doing it with a group of people you love. That is really a special time. But that time has passed for me. I've accepted that, but that's probably the one thing I do miss.  [00:27:23] Tommy Thomas: What's the best piece of advice anyone's ever given you? [00:27:25] Alec Hill: I thought about this one. I think that freedom comes through surrender. And I think that this is counterintuitive, but that when we become slaves of Christ, we truly find our freedom because he's a good master. And for someone like me who likes to maintain control, it's a very hard lesson to learn. But when I do it well, there is such lightness because I'm not carrying the world. I'm not a false Messiah carrying around all the problems of the world and being responsible for them. I'm actually surrendering to the true Messiah who carries the world on his shoulders and I'm under his wings, and therefore I'm in the right flow, doing the right things, but I'm not catching all the headwinds like he does. All the crap, all the hell that he caught through the, through his who he was. And that is a really good place to be. [00:28:25] Tommy Thomas: If you were a judge or I guess one of the wealthy people on the Shark Tank and nonprofit people came to you with their ideas.  What have you got to know before you invest? [00:28:35] Alec Hill:  I would ask them if they have a coherent strategic plan.  I would ask them to describe their last executive director transition.  I would ask them do they do an annual evaluation of the executive director regularly, consistently?  I would ask them, are all your trustees giving? And describe how you handled your latest crisis. What was the crisis and how'd you handle it? Now hopefully they'd be honest and tell me, but, if they came up with a sense that they weren't doing these things well, they were sloppy. We did a review a couple of years ago, the strategic plan. Yeah. We've got five or six ideas on a sheet of paper. I'm not going to invest in that nonprofit. So I think there are basic principles of I would, I'd also ask, do you regularly survey your employees? And what do you do with that feedback? So what kind of feedback loops do you have? How are you improving yourself as an organization, as a ministry, as a board? And if they don't, if they look at you blankly, then you just go, so I'd ask some governance questions as well. But you're trying to get to culture and what they're really like in their default manner. [00:29:45] Tommy Thomas: If you were creating a dashboard that at a glance would give you some indication of the health of a nonprofit what would some of the gauges be? [00:29:53] Alec Hill: This is a great question. I think the first thing is, are there metrics tied to their strategic plan? And it sounds like a really simple thing, but it's amazing how many metrics are in these dashboards that aren't directly tied to the strategic plan goals. So that's a real basic one. My advice is if you have a board that's used a certain dashboard for years, but you have a new strategic plan, you're going to have to rewrite your dashboard. And that people, sometimes they don't, they disconnect the two. I think I would want to know is do you have three-plus months of reserves and finances? I think that's a big one, and I would want to try now, once you get over six months, it gets a little way too much. But if you're under three months in your reserves, there's instability and a scarcity mentality that can set in that's unhealthy. I want to look at debt, if there's a line of credit. I think that, obviously the finances, but those are a couple of particular things. And then I mentioned this in your earlier question, but I think the employee satisfaction survey, I, as a board member, I'd really want to look to see that there's an annual regular and I want to see what, how the employees are feeling about the organization. Boards can be too connected with the organization, but they can also be disconnected. And I think the evaluation of the executive director and employee satisfaction surveys give you a sense of the health of it. I think it should be on the President, the Executive Director's plate to be looking at that employee satisfaction survey and making changes and improving year by year.  +++++++++++++++++++ [00:31:23] Tommy Thomas: I'm grateful to Alec Hill for being our guest today. His candor and transparency are always encouraging to me. As he mentioned in the podcast, Alec is a frequent contributor to the Christian Leadership Alliance Blog. He's also a published author of two books. Living in Bonus Time: Surviving Cancer, Finding New Purpose and Just Business: Christian Ethics for the Marketplace. We have several links to Alec's writing in the show notes.  Thank you for joining us today. If you are a first-time listener, I hope you will subscribe and become a regular. You can find links to all the episodes at our website: www.jobfitmatters.com/podcast.   If there are topics you'd like for me to explore my email address is tthomas@jobfitmatters.com.   Word of mouth has been identified as the most valuable form of marketing.   Surveys tell us that consumers believe recommendations from friends and family over all other forms of advertising.  If you've heard something today that's worth passing on, please share it with others. You're already helping me make something special for the next generation of nonprofit leaders. I'll be back next week with a new episode. Until then stay the course on our journey to help make the nonprofit sector more effective and sustainable.    Links and Resources JobfitMatters Website Next Gen Nonprofit Leadership with Tommy Thomas Living in Bonus Time: Surviving Cancer, Finding New Purpose Just Business: Christian Ethics for the Marketplace InterVarsity Press - Alec Hill The Huffington Post - Alec Hill   Connect Tommy Thomas - tthomas@jobfitmatters.com Tommy's LinkedIn Profile      

The UK is the fraud capital of the world with hundreds of thousands of victims and billions of pounds stolen every year. Every minute of 2022, thieves stole £2300 from bank and credit card accounts. They took a total of 1.2 billion from nearly 3 million people. In this podcast, we discuss these figures by the banking trade body, UK Finance, and we speak to victims of fraud about the impact it's had on them and the steps you can take to protect yourself. On the panel are experts Kathryn Westmore, Senior Research Fellow at the Centre of Financial Crime and Security at RUSI, and Andy Donald, Director of Communications at UK Finance. We'll also hear from an ex-fraudster about how criminals manipulate their victims intro transferring thousands of pounds. Presenter: Dan Whitworth Producer: Amber Mehmood Reporter: Sarah Rogers Editor: Jess Quayle (First broadcast, 3pm Wednesday 17th May, 2023)

The banking trade body UK Finance says that every minute of 2022 thieves stole £2,300 from bank and credit card accounts. In total they took £1.2 billion from nearly 3 million people. These figures were released this week in its Annual Fraud Report. We'll discuss the figures and get reaction from Arun Chauhan, a solicitor at Tenet Law, who specialises in fraud and financial crime. There were new warnings about inflation this week. The Bank of England said that headline rate would soon fall, though not quite so much as it had predicted earlier this year. The Chief Economist at the Office for National Statistics answers your questions and talks about the new ONS comparison tool where you can check prices. As HMRC stops sending paper tax returns out to under 70s – what does this mean for the 3 million over 55s who don't have a digital presence? And how to make sure you get a new Cost of Living payment if you're entitled to it. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle (First broadcast 12pm, Saturday 13th May 2023)

The Bank of England is expected to hike interest rates for the 12th month in a row this week and deposit-free mortgages are back after a 15-year-long absence from the market that stretches back to the financial crisis. We find out how they'll really work, who can benefit from them and what interest rates mean for you whether you're a renter, homeowner or prospective new buyer. The experts in this podcast are, Nick Mendes, Mortgage Technical Manager at John Charcol, Charles Roe, Director of Mortgages at UK Finance and Rachel Springall, Finance Expert at Money Facts. Presenter: Felicity Hannah Producer: Amber Mehmood Editor: Jess Quayle (First broadcast 3pm, Wednesday 10th May, 2023)

The charity Citizens Advice says it's seen a sharp rise in the number of working people accessing crisis support in the past few years. In 2022, of the 200,000 people helped with a food bank voucher or an emergency grant, almost 24,000 - about 1 in 8 of them - worked. That figure was up more than double the number in 2020. We'll speak to Citizens Advice and get a response from the government. We'll hear from Harriett Baldwin, the Chair of the Treasury Select Committee, on how she wants banks to stop dragging their feet when it comes to implementing changes designed to stop people from becoming victims of push payment fraud. UK Finance, which speaks for banks, says the industry is investing billions to try to keep customers' money safe and is working on plans to slow down certain high-risk payments to prevent fraud. From this week unmarried parents whose partner dies can claim bereavement support payment worth up to £9800. We reported a few weeks ago that the change was coming and this week the application process has opened. Anyone who thinks they should be eligible can now put in a claim online via gov.uk, over the phone or using a paper application form. More details here: www.gov.uk/bereavement-support-payment and from the charities Child Bereavement Network (https://childhoodbereavementnetwork.org.uk/) and Widowed and Young (https://www.widowedandyoung.org.uk/). And we'll discuss what GDP means for our personal finance with Diane Coyle, Bennett Professor of Public Policy at the University of Cambridge and a former advisor to the UK Treasury. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Eimear Devlin and Jo Krasner Editor: Jess Quayle (First broadcast 12pm Saturday 11th Feb, 2023)

In this special programme we'll answer questions on mortgages, from interest rates to what to do if you're struggling to afford yours. Perhaps you're looking to move or you need to re-mortgage this year - this is the podcast for you. The experts on the panel are, David Mendes Da Costa, Principal Policy Manager at Citizen's Advice, Charles Roe, Director of Mortgages at UK Finance and Sonya Matharu, Senior Mortgage Broker at The Mortgage Mum. Presenter: Felicity Hannah Producer: Amber Mehmood Editor: Jess Quayle (First broadcast 3pm Wednesday 25 January, 2023)

The anti-fraud charity the Fraud Advisory Panel says banks are inconsistent and being caught off guard by the emerging and growing threat of mobile phone fraud. It's when criminals steal people's phones not for the actual handset but to gain access to banking and financial apps. We'll hear from one man who had £16,000 stolen when he was mugged last year. UK Finance says the industry is constantly monitoring fraud threats to help protect customers and that this type of mobile phone fraud is not a common occurrence, but that the industry is not complacent about new and emerging threats. In April we investigated complaints about Scottish Widows after listeners told us about struggles to get hold of pensions and other sums. Since then our inbox continues to receive a steady stream of similar grievances. New figures from the Financial Ombudsman Service given to Money Box show that complaints about the company rose by more than a third last year. We investigate and get a response from the company. We discuss the new details of how His Majesty's Revenue & Customs is going to change the law to help protect consumers from rogue tax repayment agents - companies who claim things like marriage or work from home allowance on people's behalf. In the autumn Money Box discovered the number of complaints to HMRC about repayment agents more than tripled in just two years with nearly two thousand being made in just the first eight months of last year alone. And, how to get a pay rise and what you should think about before you ask. Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle (First broadcast at 12pm Saturday 14th January, 2023)

Stuart Haire, CENG, MENG Stuart has enjoyed a career in senior roles within the UK Financial Services sector. Post the Financial Crisis, Stuart has attempted to rebuild the reputation of financial services through renewal of its social purpose and a greater focus on customer and societal outcomes. A strong and ethical Financial Services sector is crucial to Britain as she faces a period of changing economics and climate change. However the sector is tainted with historic scandals and, as a result, is heavily governed/regulated; often curbing the very advancements the are crucial to ongoing success. It is within this complexity that Stuart sees real meaning in his work and that of others. This week's guest is Stuart Haire, CEO of Skipton Group. Stuart has Chaired the Personal Services Board of UK Finance, the Finance Industry's convening organisation and operated at Board level of three scale financial service organisations. Currently he is preparing to be CEO of Skipton Building Society. This is a very modern mutual organisation, with an impressive group of companies alongside the core Building Society including Connells and Contrywide. Prior to this, Stuart led HSBC's personal business within the UK, covering brands such as HSBC UK, M&S Bank, first direct and John Lewis Financial Services. In a prior life, Stuart worked for a MoD consultancy firm and started his working life at the European Space Agency (ESA). Stuart holds a Masters degree in Physics and Electronics. Stuart divides his time between Birmingham, Yorkshire and his family home in Edinburgh where he helps run the local football team. He is a keen golfer and enjoys watching his two boys playing in their various sports interests. Travelling is a family obsession and, alongside his wife Fiona, Stuart is lucky enough to have visited many of the most beautiful locations across the world. Stuart Haire's top leadership tip is to remember that leaders have three core tasks only. These are to create a shared context and strategy (which has meaning), to build capability (to deliver the context/strategy) and to create the motivation to drive after this goal no matter the challenges. In short: Context, Capability and Motivation. Hosted on Acast. See acast.com/privacy for more information.

Alfred Dzadey is a multi award winning property investor, an entrepreneur and SME Investor.Previously served as a contracting Project Manager at Jaguar Land Rover. He is the Founder and Director of a property business, Real Property Ventures. This is a company that specialises in the acquisition, development and the letting of affordable, high specification co-living accommodation in the UK. He won the new property investor of the year 2021 awarded by Property Investor Awards. He is a finalist in 2022 for the Great British Entrepreneur Awards, for the category Young Entrepreneur of the Year 2022 in the West Midlands region.He has also ventured into the mergers and acquisitions space and is looking for profitable businesses with revenues of £5 million plus to acquire in the haulage industry.SHOW NOTESwww.thesoundofaccra.com/alfredTALKING POINTS0.00 Intro1:47 Icebreaker3:03 Alfred in the News3:49 Jaguar Land Rover 6:21 Investing £25k in personal development 8:44 Losing his job10:47 Turning adversity into prosperity14:18 Masterminds16:04 Promo Segment16:21 Ethan's story19:08 Aerospace Engineering20:07 Flying Planes22:30 Parents23:30 Why Property Investing25:48 What are HMOs?28:02 Documenting your journey 30:57 Winning Property Investor of Year Award35:13 Multi-million Investment portfolio36:48 Career to Business Transferrable skills 38:16 You got Problems? We got Solutions 41:31 Tips for getting into Property48:46 Ghana 50:39 Tips for raising capital 54:10 Working with Grant Cardone 58:22 Final thoughts1:00:40 What is The Sound of Accra to Alfred1:01:33 Socials CONNECT WITH ALFREDInstagramLinkedinYouTubeCONNECT WITH REAL PROPERTY VENTURESWebsiteOUR WEBSITEwww.thesoundofaccra.comOUR SOCIALSYouTubeInstagramTwitterFacebookLinkedinLEAVE US A REVIEWhttps://ratethispodcast.com/thesoundofaccraHonam Naturals A Toronto based skincare brand for all skin types. Organic, sustainable & vegan inspired by Ghana.Support the showLISTEN TO MORE EPISODES BELOWhttps://linktr.ee/thesoundofaccrapod

Your daily news in under three minutes. 

The new British Chancellor of the Exchequer, Jeremy Hunt, has admitted the government made mistakes in last month's economic policy announcement, and difficult decisions would now have to be taken. He's promised to restore certainty to public finances, after weeks of market instability. Also in the programme: We get an in-depth look into the Chinese leader Xi Jinping; what is Elon Musk doing above the skies of Ukraine and why is he saying he might stop; and disruption to the internet in Iran has been recorded as activists call for an intensification of anti-government protests. (Photo: Jeremy Hun. Credit: Getty Images)

Today's blockchain and cryptocurrency news Bitcoin is up slightly at $19,161 Ethereum is down slightly at $1286 Binance Coin is down slightly at $270 Jeremy Hunt replaces Kwasi Kwerteng as UK Finance minister. Mango Markets grants hacker $47M bounty — the largest ever. Wintermute pays off $96M loan to TrueFi. Stash closes $52M debt round. Magic Eden to make NFT artist payments optional. Learn more about your ad choices. Visit megaphone.fm/adchoices

The British government is fighting to restore its battered financial reputation after weeks of political and market turmoil. The UK's prime minister Liz Truss has made a major reversal on her tax policy, and appointed a new finance minister. We'll consider the political and economic implications of this unfolding story. Also in the programme: the United Nations warns of a severe food crisis in Haiti; and today marks a month since street protests in Iran began with the death, in police custody, of a 22-year-old woman. (Photo shows The outgoing UK finance minister Kwarteng leaves 11 Downing Street, the official residence of the office-holder. Credit: Neil Hall/EPA)

Hello everyone, it's Bill Thompson – T Bill. Some of the things covered on today's session include: An introduction to trading Standard & Poor's 500 Index options The market's changing attitude towards inflation The United Kingdom has fired its finance minister Banks are reporting strong earnings due to higher interest rates. Morgan Stanley reports investment banking revenue plummets 55%