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This is Money Podcast

Will the FTSE keep rising? We've never had it so good, or have we?

13 Jan 2017

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Investors have been cheered by a stunning start to 2017 for the FTSE 100, which racked up a record-breaking run of closing highs. But does that mean we should be confident or worried? The FTSE 100 is made up of international companies with foreign earnings, booming on the back of the devalued pound. On this week’s This is Money podcast, Simon Lambert and Rachel Rickard Straus join Georgie Frost in the Share Radio studios to explore why shares have soared and discuss whether this is a good, indifferent or the absolute worst time to invest. Investors love to invest at the wrong time. Inevitably, also on the agenda this week are the two words on everyone’s lips, Trump and Brexit. We take a quick look at the devastating influence an angry tweet from the US President-elect can have on the pharmaceutical, car, defence and airline industries and the ongoing vagueness of Britain's relationship with Europe before swiftly moving on to more pressing matters. Among them are a look at how rich you are, the best paying jobs and the overheated property market. Median wealth is £35,000, a top 5th slot in wealth league costs £85,000. Farmers got the biggest pay rises last year and the average deposit for a first-time buyer is now £24,300 (61% of earnings) - 20 years ago it was £2,095 (12% of earnings). If you’re feeling flush from any of this, we reveal the UK’s most desired used cars too. Enjoy.

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