• What President Trump means for your money - and the TiM podcast's tenth birthday

  • Nov 8 2024
  • Length: 1 hr and 2 mins
  • Podcast

What President Trump means for your money - and the TiM podcast's tenth birthday

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  • Summary

  • President Trump is back. The US election finally came to a head this week and rather than the knife-edge result many expected, Donald Trump secured a decisive win over Kamala Harris.

    This podcast episode is a special double header: the team discuss that US election result and interest rate cuts in the first half and then celebrate the tenth anniversary of the This is Money podcast in the second.

    First up it’s President Trump. In a sense, he is more of a known quantity this time round – having already racked up four years in the White House before. But that’s only in so much that Donald Trump can ever really be a known quantity and the financial world is preparing to strap itself in for another rollercoaster ride.

    But why does Trump claiming a second run at US president matter to our finances in the UK? What could his policies and pronouncements mean for small investors in Britain? And will the President-elect really drive mortgage costs up on British homes?

    Georgie Frost, Lee Boyce and Simon Lambert discuss the potential impact of the new Trump presidency on the show this week.

    Plus, the Bank of England has cut base rate again to 4.75 per cent but cautioned that it sees higher inflation and slower rate cuts in future. The team discuss what that means for our mortgages and savings.

    The menace of out-of-control bamboo in people’s gardens and what you can do if a neighbour has some is also up for debate.

    And finally, podcast fans should listen to the end for the tenth birthday chat – and an announcement on some celebrations.
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