It’s all about inflation as the UK rate hits a 40-year high
On this week’s Money and Markets podcast, Danni Hewson is joined by Tom Sieber from Shares Magazine to look at what’s behind April’s huge price increases and how markets have been reacting. With high costs taking centre stage in earnings reports, Tom picks through updates – including from Mr Kipling maker Premier Foods, and US retail giant Walmart.
Markets are going through a very difficult patch, and Dan Coatsworth picks the brains of someone who’s been through bad times as well as the good – James de Uphaugh from Liontrust Asset Management. He gives his insights into what investors should be thinking about right now.
Though inflation is dominating sentiment, there’s plenty of other news moving markets this week. Danni and Tom look at the reaction to China’s announcement that Shanghai might soon end its lockdown, as well as a meeting between China’s Vice Premier and tech execs which seems to herald the end of the tech crackdown.
With an eye on future returns, we also ask David Jane from Premier Miton about the trends he thinks will be important longer term. Plus, we’ve got the latest Twitter twist, plans to change how often the price cap is fixed, a massive upheaval in the crypto-verse, and Jenny Owen shares a mad money story about a charity donation of £100 that turned into £140,000.