Miners, defence stocks and the return of the pension triple lock
On this week’s Money & Markets podcast Dan Coatsworth and Danni Hewson take a look at what has been another bumpy week for markets with a commodities rally not able to deliver the big market comeback some investors had been rather hoping for.
They look at what’s behind the defence stock bounce, boosting the likes of BAE Systems and Rolls Royce and how utility companies like SSE have responded to Ofgem’s new distribution price control proposals. Plus, Dan is chatting to the Fund manager of Odyssean, one of the few investment trusts not to have lost a lot of money this year, and on the menu are Chemring, Videndum, Stabilus and Spire Healthcare.
There is also a new boss for Whitbread, and we discuss why the battle for high street chemist Boots ended with it being taken off the market by US owner WBA, for now. With a drop in scratch card sales, we also look at why the government’s green savings bond has flopped and Tom Selby brings us up to date on plans for the pension triple lock.