The Impacts of Brexit on the Economy

Studies show that basic economic literacy means doing better with money over the long-term. So we invited Bank of England economists, Rupal Patel and Jack Meaning, round to tea to ask them the big questions:

• Why does inflation feel higher than it is?
• Is raising interest rates the best way to bring inflation down?
• Do politicians understand economics?
• Should we be optimistic about the UK's future?

🤝 Get help from a financial adviser to navigate big decisions

⁠⁠https://makingmoney.email/financial-advisors-audio⁠⁠

🎉Sponsors

Odoo - 45 business apps in one: ⁠⁠⁠https://www.odoo.com/r/MM1⁠⁠

Vanta - Get your company secure and compliant: ⁠⁠https://vanta.com/makingmoney⁠⁠

Tide - Get up to 4.22% AER (variable) on your business savings. Use this link ⁠⁠https://www.tide.co/offers/makingmoney⁠⁠ or the code 'MAKINGMONEY'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. 

The more you save, the higher the rate—up to 4.22% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate and thresholds apply. Visit ⁠⁠https://tide.co/savings⁠⁠ for full terms and conditions.

📈 Investment platforms we use:

Trading 212

Watch this video where Damo explains how to get the most from it:⁠⁠ https://youtu.be/BVVZhrM0LVQ⁠⁠

Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1.

Use the code ‘MM’ or this link:⁠⁠ https://www.trading212.com/join/MM⁠⁠

InvestEngine 

Get up to a £50 bonus when you invest at least £100.

⁠⁠https://investengine.pxf.io/daOD2Q⁠⁠

Vanguard

Minimum investment of £500 or £100/month.

⁠⁠https://www.vanguardinvestor.co.uk/

✉️ Newsletter

If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/ep6

--

If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk.

This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.