► Episode Notes:

Who’s had a birthday this week? Find out in this week’s PlayingFTSE Show!

It’s a very UK-centric episode this week, with Steve and Steve ready to talk about the latest news around interest rates. There’s good news for savers, bad news for debtors, and confusing news for ISA investors.

With interest rates up to 5%, there are some nice opportunities to earn a return on cash, either in an instant acces account or in a fixed bond. Steve W’s been looking in all the usual places, but which Brexiteering bank has Steve D seen?

The news for people with big mortgages is bad, though. The average rate on a 2-year fixed mortgage is 6% and Steve W has some ideas on whether investors should stick or twist for their next move.

The big stock news from this week concerns Ocado. With rumours of US tech giant Amazon looking interested, the stock is up 30% this week, but do the Steves think there’s any reason to buy the unprofitable robotics outfit?

Lastly, when is a share not a share? When it’s a derivative – and that’s bad news for anyone wanting to hold fractional shares in an ISA. But this is surely just a technicality, right? I mean, there’s nothing to see here, is there?

Only on this week’s PlayingFTSE Podcast!

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► Timestamps:

0:00 Intro

08:46 Savings Rates

19:30 Mortgages

39:20 Ocado & Amazon

45:37 Tesla

51:37 Fedex

57:31 Fractional Shares

► Show Notes:

What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy

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► Enquiries:

Please email - playingftsepodcast@gmail(dot)com