On this week’s episode of the AJ Bell Money and Markets podcast Danni Hewson and Sarah Coles quiz Shares magazine editor Tom Sieber about whether Elon Musk could really merge Space X and Tesla after the tech mogul teased the prospect to investors. They also assess why Netflix growth is slowing and ask what the streaming giant can do to boost subscriber numbers. With UK inflation rising faster than expected the pair discuss what it means for the UK economy and what it might mean for your money especially if interest rates rise. With the budget fast approaching we ask which taxes might rise, which definitely won’t and why the UK’s debt has surpassed £3 trillion despite what has been a record breaking six months for tax payments. And Hannah Williford chats to financial planner Amyr Rocha Lima about his new book ‘Enough for What? which helps turn savings into retirement.

Timestamps:

Will Musk mash up Space X and Tesla [03:11]

What the higher-than-expected rise in UK inflation means for you and your money [22:36]

Why inflation is a double-edged sword when it comes to government finances [29:41]

The housing market struggles as inflation and higher lending cool confidence [44:10]

Amyr Rocha Lima talks to Hannah about his new book ‘Enough for What? helps you turn your savings into a retirement – about doing just that. [50:22]

On this episode of the AJ Bell Money & Markets podcast, Sarah Coles and Dan Coatsworth look at the growing problem of lost pension pots and explain how to track down forgotten retirement savings. We also discuss the billions of pounds sitting in unclaimed Premium Bonds, and Child Trust Funds gathering dust. Importantly, Sarah explains ways to check whether some of that money belongs to you.

The team reveal six tax tips that could save people up to £8,500 ahead of the Budget and discuss what Chancellor John Healey might have in store for investors, savers and taxpayers. From pension tax breaks and income tax thresholds to ISAs, stamp duty and the state pension tax dilemma, Sarah and Dan run through the key areas to watch.

You can hear from interview with Sonia Bainbridge from Invesco on what it will take to get more people investing. The pod also discusses another week of cyber-attacks, an IMF inflation warning, AI stock weakness. James Flintoft reveals the AJ Bell investment team’s view on the recent bond market selloff.

Finally, hear about activist pressure at Whitbread, unusually low CEO turnover among FTSE 100 companies, and an important court case involving a romance scam.

Time stamps: [01:10] Lost pension pots, unclaimed Premium Bonds and forgotten Child Trust Funds [09:21] Six tax tips that could save people up to £8,500 [15:24] Autumn Budget preview: what could change for your money? [30:10] Sonia Bainbridge from Invesco on how to get more people investing [42:31] Cyber-attacks, inflation risks and AJ Bell’s James Flintoft on bond market volatility [58:33] AI stock wobble [01:01:03] Premier Inn owner Whitbread targeted by activist investor [01:03:16] Where’s all the CEO changes among FTSE 100 companies? [01:05:30] Romance scam

ASOS has been hit by a damaging cyberattack, reviving concerns about the threat facing UK retailers after incidents at Co-op and Marks & Spencer. This episode examines what happened, how ASOS could be affected and what might come next. We also explain why five-year fixed mortgage rates have reached 6% and what worried borrowers can do. Plus, we explore takeover talk involving Sainsbury’s and Morrisons, BT’s acquisition of TalkTalk, Jaguar’s electric vehicle rethink, record highs for the S&P 500, moves in oil and bond markets, SpaceX’s AI chip plans and the buzz around Meta’s Muse AI model.

We also talk to fund manager David Harrison from Rathbones about whether investors who rank sustainability highly can ever back AI companies given the water and energy usage involved.

Timestamps

[01:51] Oil prices, bond yields, a record high for the S&P 500 and SpaceX’s AI chip plans

[03:57] Meta’s Muse AI model, the buzz around it and the risks for the wider business

[09:01] Paramount and Warner Bros, BT’s takeover of TalkTalk and competition concerns

[14:55] Why a possible Sainsbury’s and Morrisons deal has revived talk of UK supermarket mergers

[18:11] The ASOS cyberattack and comparisons with Co-op and Marks & Spencer

[23:00] Five-year fixed mortgage rates hit 6% and what borrowers can do

[25:56] The headline announcements from the Conservative Party conference

[29:51] Eve Maddock-Jones speaks to David Harrison from Rathbones on AI and sustainability

[39:14] Jaguar’s electric vehicle rethink and the challenges facing carmakers’ EV strategies