Why Google has become king of AI, Budget fallout, and major news for UK banks
Description
On this episode of the AJ Bell Money & Markets podcast, Dan Coatsworth and Danni Hewson discuss the ongoing fallout from last week’s Budget including the resignation of the head of the OBR. [2:00 ]
They discuss the OECD’s judgement of the impact tax and spending will have on the UK economy over the next few years. The pair also chat about a new warning about AI and how a bubble bursting could have a significant impact on global growth. [10:55 ]
The Bank of England has proposed the biggest rule change for UK banks since the financial crash. [17:15 ]
A zero-tariff deal has been struck between the UK and US on pharmaceuticals but what’s in the small print and what might it mean for companies like GSK and AstraZeneca? [19:30 ]
Luxury goods maker Prada has bagged itself a Black Friday bargain, picking up Versace at a fraction of what its previous owner paid for it. [25:00 ]
Plus, the latest on Netflix bid speculation for Warner Bros Discovery [26:45 ] and not one but two guest interviews: John Lamb from Capital Group with interesting thoughts on where interest rates might go in Europe [31:53 ] and friend of the pod, Ben Rogoff from Polar Capital Technology Trust on Google’s AI breakthrough. [36:30 ]
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