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Will the Bank of England cut interest rates soon? This is Money podcast

Time:2024-05-21 08:25:19 source:Stellar Spotlight news portal

The Bank of England held interest rates again this week as inflation dropped once more. So, are we out of the woods yet?

Will inflation keep coming back down towards target and the Bank of England soon seamlessly switch back to cutting rates?

Or will central bankers be keen to hold onto higher rates, even if we get hit by a bout of disinflation?

On this week’s podcast, Georgie Frost, Lee Boyce and Simon Lambert look at what next for inflation and interest rates and what it means for your money.

Also on the episode, should the Waspi women who saw their state pension age rise rapidly be compensated for the poor communication and how much of a victory was this week’s Parliamentary Ombudsman Waspi report a victory for them?

As that happened, more news emerged on underpaid state pensions – as exposed by our Tanya Jefferies and pension columnist Sir Steve Webb, and the team update us on that.

Plus, what’s going on with the chaos at HMRC and who is to blame for the failure to keep up with our increasingly tricky tax system.

And finally, meet the Scambaiters – we find out what they do and why.

  • Will the Budget cut taxes - and get rid of the child benefit and 60% traps?
  • Tale of state pension underpaid for 20 YEARS
  • Was the Budget too little, too late?
  • Will the Bank of England cut rates soon - or try to hold on?
  • How to sort your pension and Isa before the tax year ends
  • Is a 99% mortgage really that bad - and could this one work?
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