From Brexit plans to Trump, it's just got real - what does that mean for your money?

This week will go down in history for a couple of major events. A new US president being sworn in is always big news but that happens every four years. OK, Donald Trump might shake things up a bit if he's able to get his way. Most noteworthy in Britain was the revelation that 'Brexit’ means the total withdrawal from the EU, customs union and single market as a way of controlling immigration. Prime Minister Theresa May laid out her 'plan' for the future of Britain outside the world's largest trading block. How that stacks up economically remains to be seen. This is Money’s Simon Lambert has a pretty good stab at explaining, along with colleague Rachel Rickard Straus and Share Radio’s Georgie Frost. Some say Britain cannot afford to go it alone because of the unsustainable level of Government and industry debt. However, one commentator told This is Money this week that household debt is now a far greater worry than anything the Government can muddle along with. And now prices are starting to rise significantly. Will it all reach a tipping point this year? Also on the show: How will Donald Trump’s presidency affect global business? Why is car tax so complicated? Why don’t we just scrap it? Why do people like Amazon so much and hate Npower? Why are people still Npower customers when they’ve topped the worst customer services league for the 7th year running? Why does Rachel like John Lewis and loath Tastecard in equal measure? How do the train companies get away with it? Are the RAC really that good? % credit cards are just a trap – aren’t they? Enjoy.

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