About this episode

The episode discusses recent developments in global markets, including US inflation, bank earnings, and the outlook for UK economic growth.

This week on the AJ Bell Money & Markets podcast, Charlene Young and Danni Hewson unpack the latest developments in global markets, from oil price volatility and the Strait of Hormuz to US inflation, bank earnings and what it all means for interest rates. They also assess Rachel Reeves' latest Mansion House speech and the outlook for UK economic growth. Tom Sieber joins the show for a busy week of company news, with easyJet, Marks & Spencer, TikTok Shop, IBM, Barratt Redrow, PageGroup, Hays all making headlines. Plus, Charlene explores the fastest fall in mortgage rates for almost two years, reveals what the latest HMRC figures tell us about Britain's growing tax burden, and looks at where holidaymakers will get the most value from their spending money this summer. Topics covered[00:08] Introduction & market roundup[02:09] Strait of Hormuz, oil prices and global trade[10:41] US inflation, bank earnings and interest rates[13:41] Rachel Reeves' Mansion House speech[15:50] easyJet update[17:23] Marks & Spencer and TikTok Shop[23:14] Buy Now, Pay Later regulation changes[25:26] Shares magazine highlights with Tom Sieber[27:33] IBM results and tech spending…

People in this episode

Hosts: Charlene Young, Danni Hewson

Guest: Tom Sieber

Topics covered

• global markets
• US inflation
• bank earnings
• UK economic growth
• mortgage rates
• tax burden
• holiday spending

Keywords

• oil prices
• interest rates
• company news
• mortgage rates
• tax data
• holiday spending

Mentioned in this episode

Organizations: easyJet, Marks & Spencer, TikTok Shop, IBM, Barratt Redrow, PageGroup, Hays, HMRC

Places: Strait of Hormuz

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