This Is Money: Will stock markets keep stumbling — and how to be calm in a storm

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Georgie Frost

This Is Money: Will stock markets keep stumbling — and how to be calm in a storm

Georgie Frost
Original Broadcast:

This is Money

This Is Money: Will stock markets keep stumbling — and how to be calm in a storm
Stock markets around the world saw huge falls this week, but is it a sign of more trouble ahead or just a storm in a teacup? Simon takes a look at what’s behind it all, and why investors should avoid the temptation to start tinkering with their portfolios once the horse has already bolted. His advice is to ignore the voice in your head that says you should get out now to stave off disaster — but also pay attention to its existence. Good news for motorists, as car insurance premiums have started to fall for the first time in two years. Or is it? They still remain at near-record highs, and are up a whopping 48% since 2022. This is Money's Sam Barker discusses why premiums went so high, who has been worst affected, and how to keep costs down. Staying on the topic of insurance, the UK has been gripped by riots in the past week and This is Money has been looking at what your compensation rights are if your home or car gets damaged. Elsewhere, Sam explains the latest tactic broadband firms are using to squeeze cash out of their customers - and asks why the regulator Ofcom appears to be looking the other way. Mortgage rates have been shifting fast this week, and Simon rounds up the latest deals. We also answer a question from a reader who wants to know what to do with his £80,000 redundancy pay-off.
Guest:

Sam Barker


Published:

Topics: UK (in Shares); Cars (in Personal Finance); Buying Property (in Property & Mortgages)


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