Latest news with #JohnStepek
Bloomberg
10 hours ago
- Business
- Bloomberg
What Fiscal Dominance Means for Your Money
Inflating away debt looks a lot more appealing than cutting spending or raising taxes. By Save Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Dealing with a surplus of government debt is a tricky business, as we're all rapidly finding out.
Bloomberg
a day ago
- Business
- Bloomberg
Why Rachel Reeves Should Resist a UK Wealth Tax
It's impractical, it's self-defeating, and it would make Britain's already narrow tax base even more fragile. Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. You might — just might — already be aware of this, but the UK's public finances are in a sorry state. New figures out today showed that public borrowing was higher than analysts surveyed by Bloomberg had expected in June.
Bloomberg
2 days ago
- Business
- Bloomberg
Hot Tips for Saving Money on Summer Vacation
By and Merryn Somerset Webb Save Subscribe to Merryn Talks Money on Apple Podcasts Subscribe to Merryn Talks Money on Spotify Despite the UK experiencing it's third heatwave of the year last weekend, many Britons will still be jetting off on holiday, most likely somewhere with a different currency. The same is likely the case across Europe and the US and elsewhere. On this week's personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss some helpful tips for making the most of your money while on holiday.
Bloomberg
2 days ago
- Business
- Bloomberg
UK House Prices Head For Yet Another Flat Year
Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I don't always pay a huge amount of attention to the Rightmove index of UK house prices.
Bloomberg
5 days ago
- Business
- Bloomberg
Markets May Be Too Complacent About Inflation
Added pricing pressures could emerge from an unexpected corner of the globe. Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every weekday I look at the biggest stories in markets and economics, and explain what it all means for your money. Inflation has been the big economic concern for several years now, across much of the globe (though not quite all, as we'll see in a moment). But the tentative, broad view has been that prices are now sort-of, kind-of under control. Certainly enough so that markets largely expect central bank interest rates to keep falling, albeit slowly, over the next year or so.
