Will 2023 be a better year for our finances? This is Money podcast
Will 2023 be a better year for our finances… or worse? This is the Money podcast
The new year dawned with promises of falling inflation and a glimmer of hope on energy bills.
But even if Rishi Sunak cuts inflation in half, as he claims he will, it would still be 5 percent and his pledge to get Britain back to growth may prove more difficult than the simple math that sets the pace. of increases in the cost of living. slowly.
Meanwhile, a slowdown in inflation doesn’t mean things will get cheaper and the better energy price forecasts will still see costs more than double what they were a year ago.
So, will 2023 turn out to be better or harder for our finances? Georgie Frost, Helen Crane and Simon Lambert delve into the outlook for the year ahead in this podcast.
Plus, what’s on the cards for the real estate market, for pensions and savers and why is Divorce Day being tipped even bigger this year?
In our weekly market update, eToro’s Sam North takes a look at how global stock markets started the year and whether January could be an indication of the direction for 2023.
And finally, the year is getting better financially for at least one person: the lucky winner of January’s £1million Premium Bond who hit the jackpot with less than £5,000 saved.
Is it time we all got more into Premium Bonds as price discovery is stimulated?