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15/12/2010

Inflation is high, the housing market is weak and unemployment could rise. There is also a 拢100bn hole in a government pension scheme. And will the banks ever give money back?

Wake Up To Money with Andy Verity and Jeremy Naylor:

Inflation remains stubbornly high; the housing market is struggling and unemployment may start to rise again next year. We look at what all this means for the UK economy, by speaking to Chris Williamson, chief economist at the economic research firm Markitt, and Michael Coogan, director general of the Council of Mortgage Lenders.

New research by independent pensions expert John Ralfe, suggests there is a 拢100bn hole in the Local Government Pension Scheme. We ask Mike Taylor, chief executive of London Pensions Fund, one of the biggest members of the Local Government Pension Scheme, whether the scheme should be scrapped.

The public watchdog the National Audit Office, have looked at the chances of the taxpayer fully recouping the money paid to bailout the banks. Ralph Silva, banking analyst at SRN tells us what the likelihood is.

30 minutes

Last on

Wed 15 Dec 2010 05:30

Broadcast

  • Wed 15 Dec 2010 05:30

Podcast