Money news - UK inflation drop, BT & EE price hikes, pension pots & more | Cash Chats
Andy is joined again by our new Deputy Editor, Amelia Murray, to talk about the big news stories from the past week and how they affect you and your money.
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00:00 Welcome to Cash Chats
00:38 UK inflation drops to 3.2%
05:37 BT & EE disclose price rises for next year
10:14 Barclaycard cuts minimum payments
14:10 Royal Mail will continue to fine recipients of post with fake stamps
17:32 Huge shortfall in UK retirement savings
21:45 Delay repay reaches record levels
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A B O U T A N D Y
Andy Webb is a money blogger and journalist. He runs the award-winning website Be Clever With Your Cash, hosts the Cash Chats podcast, presented Channel 5’s Shop Smart Save Money and writes every month for Reader's Digest. Andy also founded the community ukmoneybloggers.com.
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The music is Easter Island by Lonely Punk and provided on a creative commons licence
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Content in these videos does not constitute regulated financial advice. Any offers mentioned were correct at the time of filming.
Пікірлер: 17
Just wanted to say that audio is much better for Amelia this week :) It was cutting in and out last week.
Inflation, you should mention services inflation which at 6% is a significant drag on the CPI rate, we're a services economy. Mobiles, people need to vote with their feet, Lebara as an example are offering rates starting at below £1/month, until more people switch the current situation will not change.
We have increased there contact by 8 and a half percentage plus 3.3 percentage when I’m sure it used to be 3. 3 per cent or the inflation rate
BT et el have ridden the crest of inflation plus extortion price hikes. Switching now to a fixed increase of £1.50 a year isn’t fair or transparent. As CPI finally comes down, it’s just a cynical way to continue milking customers with above inflation double digit percentage annual uplifts.
@LawrenceTimme
13 күн бұрын
How else will the shareholders and directors dividends increase? Think of them.
If you can only pay the minimum on a credit card you shouldn't have one at all.
probably changed the way they calculate inflation this week
A loaf of bread may cost £1 in 2024, but it may cost £5 in 2054 when I retire. So what I save now will be worth much less when I retire.
@juGGaKNotEmpire
14 күн бұрын
If you are crazy enough to keep cash, yes.
@hedwigwendell-crumb91
14 күн бұрын
@@juGGaKNotEmpire I'm not talking about cash. Don't you know about the devaluation of money 🙄
The only reason credit cards with rewards exist is to tempt people into debt they can't afford. That's how they make money. Even just having a credit card and using it correctly you are are contributing to the problem. All the rewards you are getting are paid by the smooth brains paying interest.
Reducing credit card minimums sounds predatory.
@LawrenceTimme
13 күн бұрын
Why? What difference does it make? If you already only pay minimum its way too low.
@danmeck5978
13 күн бұрын
@@LawrenceTimme because the banks will be earning even more interest from people who already can't afford it.
The Olive crop in Italy failed last year because of climate change.
EE NOT WE
Addicting! 👍