 | BBC Radio 4's Money Box Saturday, 1 May 2010 at 1204 BST On Radio 4 and Online |
This week Greece, Portugal and Spain have all been deemed a higher risk for investors by the ratings agency Standard and Poor's. Simply put, this means they've been diagnosed as more likely to default on their debts. So how should investors view this news and is the UK immune from this contagion? Money Box hears how a country's economy is rated, and why it matters to the rest of the world. Paul speaks to Julian Callow, Chief European Economist at Barclays Capital and Justin Urquarht Stewart at 7 Investment Management about the big picture for Europe and the concerns of investors. Related information:
Interview with Vince Cable In the final of three interviews with the men who each hope to be the Chancellor of the Exchequer in the next Parliament, Paul Lewis questions Treasury spokesman Vince Cable. He talks to Paul about what we can expect for our taxes, pensions and spending, if the Liberal Democrats win the general election. Related information:
Rainy day for savers The Manchester Building Society has been raining on its existing savers by refusing them immediate access to the best interest rates which it offers to new customers. The north west mutual says it's done this to attract new savers and that it's not possible to offer competitive deals if the latest accounts are open to all. Keeping tabs on the best savings rates is complicated these days. Many banks or building societies offer products with introductory bonuses or restrictions on withdrawing money. Money Box talks to one saver from the Manchester Building Society and to Michelle Slade from the comparison site Moneyfacts. Related information:
BBC Radio 4's Money Box is broadcast on Saturday at 1204 BST and repeated on Sunday at 2102 BST.
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