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Wake Up to Money

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News and views on business and the world of personal finance. Plus the very latest from the financial markets around the globe

Wake Up to Money: 10/02/2011

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10/02/2011

BBC Radio 5 Live - Wake Up to Money, 10/02/2011

Drama between the banks and politicans - a class act or a disappearing act?

Drama between the banks and politicans - a class act or a disappearing act? And it's interest rate decision day. How will the decision affect mortgages?

Business news with Mickey Clark and Jeremy Naylor. 

The curtain has come down on the final act in the drama between the banks and the politicians - but was it a class act, or a disappearing act? We speak to Rupert Younger, director of Oxford University's Centre for Corporate Reputation, about what the public will make of all of this and how the banks can now move on.

It's interest rate decision day. While most agree that something should be done to reign back inflation, the question is, to raise or not to raise rates? Raising rates takes demand out of the economy and slows down inflation but it also increases the cost of borrowing for all of us. The programme hears from Neil Blake, an economist at Ernst and Young and Andrew Lilico, a director at Europe Economics.

And director of mortgage broker Private Finance, Melanie Bien, joins us to discuss how the interest rate decision could affect mortgages.

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Wake Up to Money

10/02/2011

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