The Financial Outlook for Personal Investors: Interest rates and share buybacks

After the Bank of England raise interest rates to their highest since 2008 Russ Mould of A J Bell points out that the last time inflation was in double digits, so were interest rates. At present, real interest rates are heavily negative. He also discusses share buybacks, illegal in the US until 1982. They're now being used heavily by FTSE100 companies and Russ discusses their pros and cons and whether they gerrymander figures. He also explains why Next is a company that does it right.