Share Sounds presented by Georgie Frost

Yet more people caught up in the underpaid state pension scandal have been unearthed by This is Money – and tragically, in the two cases we highlight this week, they weren't alive to see justice. Two bereaved daughters received sums of £42,000 and £71,000 because their mothers were underpaid state pension for more than a decade before dying in their 90s. The payouts are all thanks to the intrepid work of investment and pensions editor Tanya Jefferies and our pensions agony uncle Sir Steve Webb. They join deputy editor Lee Boyce and Georgie Frost to talk about these latest cases, and what it means in terms of inheritance tax and care fees – could you, a family member or friend have been caught up in the scandal? We also talk about pensions in more details – do you know what yours is invested in and what it's worth? It will matter even more than usual if the Chancellor gets his way and taps into our retirement pots and parcel it out to fast-growing businesses, transport projects, real estate and carbon-friendly investments. We also discuss the new green savings bonds from NS&I: how long is the term, what's the rate and just how green are they? There's a chink of light for easy-access accounts and if you leave Georgie and Lee to organise the podcast, they will inevitably add a section in about sport - we talk about this booming trend during Euro 2020.

Home buyers are engaged in a last minute race to beat the stamp duty deadline – with some facing a potential double false economy. House prices have bounced over the past year meaning that the £15,000 maximum saving of a year ago would now come on a property that potentially costs £50,000 more. That has led to claims of a false economy, but it would be doubly so for any buyer who then missed the deadline too and ended up with an extra £12,500 tax bill, as they only get the tapered bit of the stamp duty holiday - not the whole thing. Georgie Frost, Lee Boyce and Simon Lambert look at the last minute stamp duty rush and what might happen next to the property market, with Simon outlining that it’s not just a tax cut driving the pandemic boom. At the other end of the property ladder, the team look at how to make sure you don’t end up paying off a mortgage in retirement and what you can do if you are approaching your pension years or in them with a home loan still to clear. It’s likely that those borrowers could face higher rates than the rock bottom mortgage ones now too, but will rising inflation send interest rates up sooner than people think? Meanwhile, what can a new £50 note and what happened to the value of the last one introduced in 1981 tell us about inflation? And why is continental Europe so much happier about taking big notes. And finally, if you wanted to beat inflation, you wouldn’t usually buy a nearly new car; but there are some now six-year-old motors out there that have held their value better than others and amazingly some that are worth more now than they were in 2018. We reveal which.

Sneaker investing – those in the know don’t call them trainers, apparently – has become a big thing in recent years and as values have risen, so has the volume of fakes. It’s not just knock-offs aping standard sneakers anymore, some of the counterfeiters are dabbling in shoes that could go on to be worth thousands of pounds. Can anything be done, does it matter and what’s the attraction if investing in sneakers anyway? This is Money’s Grace Gausden went behind the curtain with eBay, which has its own crack team of fake sneaker spotters, to find out more and tells podcast listeners all about it here. Alongside, Georgie Frost and Simon Lambert, Grace discusses the tests that can spot a fake and why eBay is cracking down. Meanwhile, Simon looks at the comparisons between sneaker investing and other more established alternatives, such as art, wine and classic cars and, of course, the new kid on the block, crypto. Also, the team discuss the courses for those who haven’t driven in years and the best cars to insure new drivers on. Simon looks at why smart Chancellors can’t help inflating house prices and why the holiday part was the problem with the stamp duty cut. And back on an investing tip, if sneakers are a bit too down to earth for you, how about backing a space investment trust?

Does loyalty pay, or is it just a bizarre concept we have allowed businesses to convince us might exist while they take advantage? As banks and building societies hint at better rates for those who have stuck by them and insurers find themselves forced at regulatory gunpoint to at least not sting existing customers, we look at the loyalty reward and penalty. At what point does the corporate idea of loyalty rewards meet the reality of whether it’s worth sticking with the same provider? Georgie Frost, Lee Boyce and Simon Lambert discuss loyalty, its rewards and its drawbacks on this week’s podcast. Plus, Britcoin, a new idea for the Bank of Mum and Dad and beach huts - are they a cheap property goldmine?

Another week, another house price index stating record growth. This time it was the turn of Nationwide, which said prices had risen 10.9% in the year to April, reaching a new high of £242,832 - up by £23,930 compared with 12 months earlier. Most experts say this is down to people's changing lifestyles during the pandemic and the incentive provided by the Government's stamp duty holiday. But are there other forces at play? Fred Harrison, a British author and economic commentator, successfully predicted the previous two property crashes years before they occurred - and his 18-year property cycle theory says that house prices should continue to boom before crashing in 2026. His theory is based on analysis of 300 years of data, and suggests that the underlying force behind rising prices in the property market is the finite supply of land. This, he says, combines with greed and speculation to turbo-charge sentiment and send prices spiralling before a bubble bursts. Given that early predictions of a house price crash during the pandemic were wildly inaccurate, does his model provide a better idea of what might really happen? Georgie Frost, Tanya Jefferies and Helen Crane also look at the other factors shaping the housing market, including tantalisingly cheap mortgages with two-year fixed rates as low as 0.99%. But aside from these headline-grabbing rates, the typical mortgage has actually become slightly more expensive in the last year - so why are experts saying locking in for five years is still a good idea? One group that isn't so happy about this year's house price increases is first-time buyers - especially those who took out Help to Buy loans a few years ago and are now paying back inflated sums into the Government coffers based on their homes' increased values. Helen discusses whether they should hold off paying back the loans in the face of spiralling interest - and whether today's first-time buyers should still consider using Help to Buy at what is widely tipped to be the top of the market. Do you want an 'essential', comfortable or luxurious retirement? New research explains how much you will need to put away to get the lifestyle you want in your later years. Away from housing, we talk about the latest research telling us how much we need for a decent retirement - depending on whether we want an 'essential', comfortable or more luxurious time of it in our older years. Tanya explains how much people should be putting away, and how that changes if you are single rather than part of a couple. We also discuss controversial comments made by Paul Johnson from the Institute for Fiscal Studies (IFS), who said most people don't need to worry too much about saving into their pension until they are in their 50s. Is it really wise for younger people to push pensions down their list of financial priorities? Finally, we answer a question from a reader who took £20,000 out of their pension pot to deal with Covid cashflow issues - but is now worried that their tax-free annual allowance has taken a hit.

Have Premium Bonds turned you into a savings winner, or are you one of the losers who have been missing out on prizes for years? We dive into Britain’s beloved savings lottery, looking at who holds the most Premium Bonds, who wins and who doesn’t. NS&I revealed exclusively to This is Money this week that an astonishing 43% of bonds are held by just 4.3% of savers – that’s £56billion out of the £107billion total. Or to put it another way every £2 out of £5 saved belongs to less than one million savers out of a total £21.4million. That may go some way to explaining why close to 75% of Premium Bonds savers haven’t won a prize in 14 years. Georgie Frost, Lee Boyce and Simon Lambert dig into the statistics, deliver a theory on how much you might need to hold to bag at least one prize a year, and look at whether Premium Bonds are worth having. They are certainly popular and that’s why Nationwide has launched a savings lottery – is that worth signing up to as well? In crypto-corner this week, we discuss the crash, the rebound and the slump again, along with banned adverts and Chinese crackdowns: is this the end of the recent hot phase or just another average week for bitcoin to take in its stride? Also, paying bills with commemorative coins – and what legal tender really means, why self-storage is the latest thing in short supply and who's investing Czech Sphinx?

The UK’s official inflation figure more than doubled to 1.5 in April, it emerged this week, as the stronger than expected recovery continued to push up the cost of living. Meanwhile a wave of demand is meeting a shortage of supply for some items, sparking fears of an inflationary spike. But while this is bad news for the pound in your pocket – which will buy less – and for savers, who will see their measly interest rates fail to keep up with how inflation erodes their cash, wasn’t the whole point of all that money printing and rate cutting to get a stronger recovery and inflation back towards the 2% target? Georgie Frost, George Nixon and Simon Lambert look at why inflation has become a hot topic, how it will affect savers and investors, and what it could mean for the game we all thought we could stop playing for some time: when will interest rates rise? George runs through the impact for savers, who now can't find an account that beats inflation, but he explains a trick to get a better rate through laddering; and Simon discusses what inflation could mean for investors and why the jam-tomorrow growth stocks that have delivered over the past decade may not be the ones to hold for the next ten years. Or will they? We also discuss moonshot investing and how backing disruptive companies that if they get it right, can absolutely take off and compound spectacular gains, has paid off for investors such as Scottish Mortgage. Simon highlights the academic research showing why most stocks don't make money and the most successfully often fall by 40%, as Scottish Mortgage's James Anderson highlighted in his recent fund manager's note. But is this attitude the same as that of the bitcoin true believers, who have been having their faith tested again this week?

Holidays abroad are back on… or are they? The much-heralded green list proved to be something of a damp squib, with the only popular British holiday destination on there being Portugal. There was no place for Greece, France, Spain, Italy, the US, or other regular stars in the list of Britons’ favourite travel spots. Some rushed to book trips to Portugal, but travel giant Tui reported this week that holidaymakers are cancelling and delaying bookings and rival On The Beach scrapped all its summer holiday departures before the end of August. Concerns over Covid variants and worries about countries being rapidly pulled from the green list for travel are likely to prevent many from booking, but there is still a big desire from many vaccinated Britons to enjoy one their beloved trips abroad. So, will there be a surge of bookings, a last minute wait and see game, or a race to grab the few remaining staycation places during the summer holidays? Georgie Frost, Simon Lambert and Grace Gausden look at the state of play for the travel industry and holidaymakers – and how to protect your hard-earned cash if you do book. Highlighting the need to do just that, Grace explains why Teletext Holidays is under fire for still not refunding some customers for last year’s cancelled trips. Also, Simon runs through his anecdotal inflation theory and why trying to buy bikes or garden furniture, find a builder, or fill up a car tells a very different story to the official 1% inflation rate. He also explains why worries over higher inflation are causing markets to throw a wobbly. And finally, we all know about how the Bank of Mum and Dad has to fund many of their children when it comes to buying a home, but what if you need to help your parents buy a property? A reader asked if there is a potential tax trap – the team explain the answer.

This week saw the launch of new book - 'Never Go Broke: How To Make Money Out Of Just About Anything', co-written by This is Money personal finance editor Lee Boyce. In this podcast special, Lee is joined from Los Angeles by his co-author, Storage Hunters TV star Jesse McClure, to explain all to Georgie Frost and Simon Lambert. Jesse and lee discuss how they met, how the book was created, and their three-step approach to putting more money in your pocket with a little bit of entrepreneurial endeavour and reselling. The book is broken down into three parts: how to build up a cash pot, learning the resale blueprint and investing the pot for resale profits. Step one is all about properly selling items in your home, making cash legitimately – and safely – online, and even making money from stuff you might think is trash. This is good both for your wallet and the environment. Step two sees Jesse outline some of the tips and tricks he uses everyday as a professional buyer and seller, while step three is all about hunting down spots to buy items to make even bigger profits – from car boots, to charity shops. While it won't make you a millionaire overnight, the pair believe it can be a great hobby, a way to stay afloat, or to set the foundations to becoming a professional at it. The authors also share some of Jesse's big wins and tips for getting started straightaway.

Are you itching to spend or planning to save? Lockdown savers are forecast by the Office of Budget Responsibility to have stashed away £180billion by the middle of this year. That collective cash pile has been built up by those who have been fortunate enough not to see their finances hit by the pandemic, but have seen their outgoings drop substantially. We’ve already seen some big spending themes come out of this, as people splash out on everything from home improvements, to luxury garden furniture, expensive pizza ovens and hot tubs. The expectation is that as lockdown eases and people are released into the hoped for freedom that vaccines bring, they will go on a spending spree. But will that definitely happen and will the economic rebound be strong enough to create a virtuous circle that delivers the much-talked about Roaring Twenties? Or will people be more cautious and adopt their newfound savings habit more permanently? Georgie Frost, Helen Crane and Simon Lambert, dig into the save vs spend debate and look at how the giant behavioural and psychological experiment that lockdown represents might play out for the economy and people’s personal finances. Also on this week’s episode, the team look at both investing in the big themes of the coming decades and buying a holiday let for profit. And finally, if a fence comes down how do you find out who has to pay for it and is there any truth in the old ‘yours is the one on the left’ rule?