Wake Up to Money

Tensions rise between Elon Musk and Donal Trump, Felicity Hannah takes a look at how it's impacting Tesla stocks. And the UK is cracking down on 'finfluencers'.

Michael Reitblatt, CEO of Forter, and Zayna Bain, managing partner at Sullivan Street Partners, join for a lively discussion on the evolution of consumer spending. They reveal insights from a Barclays report, noting a shift from goods to experiences as people prioritize well-being and budget-conscious choices post-pandemic. The duo tackles the challenges facing the UK steel industry, including US tariffs and competition from Chinese imports. They also emphasize the importance of tech investments in combating online fraud amid rising cyber threats.

Gareth Stace, Director of UK Steel, and Rowan Crozier, CEO of Brandauer, dive into the recent tariff changes impacting the UK steel industry. They discuss the complexities of UK-US trade relations and the potential repercussions for businesses amidst shifting tariffs. The conversation also highlights successful manufacturing innovations, like a new contract in Egypt’s razor market. Additionally, they address the ongoing economic uncertainty and its effects on public services, especially NHS funding, alongside the excitement surrounding the Nintendo Switch 2 launch.

Nasima Adam is the founder of Sabuni Skincare and a self-care entrepreneur, while Jane Foley is the Head of FX Strategy at Rabobank, focusing on market trends. The conversation dives into the impact of the U.K.'s defense spending overhaul on local jobs, particularly in engineering, and examines the challenges NHS agency staff cuts pose for healthcare. They also discuss the shifting dynamics in luxury fashion with Jonathan Anderson's new role at Dior, blending creativity and market strategies amidst economic challenges.

Joe Corson, Chief Executive of the Institute of Customer Service, shares insights on enhancing customer experiences amid shifting business landscapes. Shanti Kellerman, Investment Chief Officer at MNG Wealth, emphasizes the significance of staying invested through market volatility and explores cryptocurrency trends. Karsten Bretsky, Global Head of Macro for ING Research, discusses the implications of the Polish election on economic stability and advocates for agile government spending in defense as the UK embarks on a major submarine program.

In this discussion, Simon French, Chief Economist at Panmure Liberum, and Linda Yu, Economist at Oxford University, delve into the complex landscape of U.S. trade policy amid legal uncertainties surrounding tariffs. They analyze how court rulings could reshape international trade relations and influence market volatility. The duo also explores the effects of these changes on small businesses and global supply chains, emphasizing the need for resilience in navigating a tumultuous economic climate.

Simon Spurrell, Director of Hartington Creamery, shares insights from the UK dairy industry's response to shifting Brexit agreements and new U.S. court rulings on tariffs. He discusses how these changes uniquely impact small versus large businesses, especially during economic volatility. Spurrell also dives into NVIDIA's impressive growth despite geopolitical challenges, emphasizing the importance of innovation in uncertain times. He touches on the role of rare earth elements and their implications for global markets, ultimately reflecting on the evolving economic landscape.

In this engaging discussion, Kim Phillips, a security expert at Infinitus Security, delves into the evolving responsibilities of event organizers in ensuring safety at large gatherings. Anita Frost, founder of Green Bean Studios, passionately shares insights into the intersection of AI and creativity in children's entertainment. Meanwhile, George Godber, a fund manager, critiques the UK housing sector's response to government targets and evaluates the implications for builders. Together, they tackle pressing safety, creative, and economic challenges.

James Smith, a Developed Markets Economist at ING, and Dayo Akimranade, the Founder of Noom Vibe, delve into the pressing issue of food inflation impacting consumer health choices. They discuss the surprising rise in food prices and its effects on eating habits, advocating for tools that can assist users in maintaining wellness. Additionally, the importance of summer football tours for generating global revenue is explored, alongside the challenges of navigating government spending in a post-Brexit landscape. It's a compelling look at economics meeting everyday life.

Graham Donoghue, Chief Executive of Sykes Cottages, shares insights on how AI is revolutionizing holiday planning, shifting consumer trends towards last-minute bookings and wellness breaks. Bill Blaine, Principal of Windshift Capital, discusses the implications of these changes for the travel market and the challenges posed by new taxes on rental properties. The conversation also touches on the rail industry's move towards nationalization and the need for better public transport, critiquing historical privatization failures.