Charlene Young and Dan Coatsworth bring you this week’s episode of the AJ Bell Money and Markets podcast. Rising UK inflation kicks things off and they’ll also discuss the latest market movements as the middle east conflict continues. Dan digs into plans spin off Primark from Associated British Foods and what it could mean for shareholders and Charlene covers another uncoupling announcement – this time how the government wants to break the link between gas price shock and British energy bills.

Apple has named a new CEO as Tim Cook moves up to executive Chairman, TikTok has moved into payments. Is this new debit card venture actually smart innovation?

Dan speaks to Bloomberg Intelligence consumer analyst Conroy Gaynor about jet fuel shortages, the impact of the Middle East crisis on airlines, and what it means for investors as we head into peak travel season.

Finally, with the government launching a new campaign to encourage first‑time investors, Charlene and Dan explore how people can take those initial steps into investing and why funds are often a sensible starting point. To round this off we bring you a conversation between Danni Hewson and AJ Bell’s James Flintoft on how the AJ Bell funds have been performing.

[00:09] Intro [01:05] UK Inflation rises to 3.3% [07:26] Primark IPO [14:11] Government energy price announcement [17:17] New CEO for Apple [21:30] Tiktok debit card [26:18] Interview: How the conflict is affecting on airlines, travellers and investors. Dan Coatsworth talks to Conroy Gaynor from Bloomberg Insights [40:10] New investing campaign [52:22] Interview: Danni Hewson gets the AJ Bell funds latest from James Flintoft

Join Dan Coatsworth and Charlene Young on the AJ Bell Money & Markets Show to get smart investing insight, business news and practical takeaways – all in one episode.

The pair cover a stark IMF warning on the global economy, what the latest market moves mean for investors, and how professional fund managers are positioning their money right now.

There’s company news from BP and Vistry, a look at why house flipping is falling out of favour, and a reality check on whether playing the lottery could be holding back your long‑term wealth.

With the new tax year underway, Charlene explains Bed & ISA in plain English. She also chats with Dan about why Greggs, Domino’s and Asda are making eyebrow‑raising moves – plus rumours of Lidl entering the UK mobile phone market.

That leads into Amazon’s latest play combining phones and space, why there is confusion about the state pension confusion, and a warning about rising scam risks.

Intro – 00:00:09

IMF warning, peace talks & global market overview – 00:02:58

What fund managers are thinking about – 00:09:48

Updates on BP and Vistry – 00:12:25

The demise of house flipping – 00:16:28

Lottery players: what if you spent that money investing instead? – 00:19:16

How Bed & ISA works – 00:23:58

Why Greggs, Domino’s & Asda are making different moves – 00:28:13

Lidl phone deal on the way? – 00:34:29

Amazon vs SpaceX: phones, satellites & the space economy – 00:36:09

Shares magazine preview with Tom Sieber – 00:37:32

Millions still confused about the state pension – 00:39:27

Pension scam warning as fuel payment recovery begins – 00:43:43

In this Deep Dive episode, Tom Selby and Tom Sieber explore what retirement really looks like in 2026 — from phased retirement and flexible working, to drawdown, annuities, tax changes and the risks that could derail your plans. They also hear from a financial adviser on managing money in retirement, and from AJ Bell’s very own Rachel Vahey on inheritance tax and what the latest changes could mean for families.

02:24 Tom Selby and Tom Sieber discuss how retirement is changing, why it no longer has to mean stopping work completely, and what earning part-time or freelance income could mean for your pension planning.

06:34 They break down the main ways to access your pension, including drawdown and annuities, and ask whether the best approach for many retirees might be a mix of both.

10:33 The pair look at the key retirement dates and milestones people need to know, including changes to the Normal Minimum Pension Age and how the State Pension fits into the wider retirement income picture. 18:10 The two Toms examine some of the biggest threats to retirement finances, including longevity risk, sequence risk, inflation and the danger of drawing too much too soon.

24:25 Tom Selby speaks to Rick Gosling, a financial adviser at Five Wealth, about how retirees can manage their money sustainably and avoid common financial pitfalls later in life.

46:42 Tom Sieber catches up with Rachel Vahey, AJ Bell’s head of public policy, to discuss what the inheritance tax changes could mean in practice — and what people can do if they think they may be affected.

01:08:19 Both Toms wrap up with the big takeaways from the episode, including the importance of flexibility, planning ahead and making your retirement savings work for the long term.

Markets have rebounded sharply after news of a ceasefire involving Iran – but what does it really mean for investors and household finances?

In this week’s AJ Bell Money & Markets, Dan Coatsworth is joined by Danni Hewson to break down the market reaction, what’s driving sentiment, and the key things investors still need to keep in mind.

We also cover:

Major company news, including an update to car finance compensation claims and disappointing updates from Shell Eye‑opening statistics from the electric vehicle market A proposed takeover of Universal Music – and why it’s more important than it first appears Changes to student loans and what they mean for borrowers Fresh developments in the housing market New rules making it easier to cancel subscriptions The pros and cons of investing at the start versus the end of the tax year Plus, we continue our series highlighting lesser‑known UK companies making a global impact, with Tom Sieber speaking to Craneware CEO Keith Neilson about healthcare innovation in the US.

00:00 – Intro 01:47 – Markets rebound after Iran ceasefire: what happened and why

16:14 – Shell shares fall: what went wrong?

20:00 – Why the car finance scandal has led to one lender being put up for sale

23:39 – Electric vehicle market: the key stats investors should know

26:09 – Universal Music takeover: why this deal matters

30:15 – Student loans update: what borrowers need to know

33:36 – Why the UK housing market is in a slumber

35:28 – Good news for cancelling subscriptions 38:33 – Investing at the start vs end of the tax year

41:05 – UK success story: we talk to the boss of Craneware

In this special edition of the AJ Bell Money & Markets podcast, Dan Coatsworth and Hannah Williford dive into the big movers and big debates across the investment trust world.

They consider why Temple Bar continues to outperform, what’s holding back JPMorgan Global Growth & Income, and the latest activist pressure from Saba targeting Edinburgh Worldwide and Impax.

Hannah speaks to Job Curtis from City of London Investment Trust about how today’s geopolitical tensions echo past market cycles. Dan and Hannah also explore why renewable energy trusts are still on the scrap heap.

We also hear from Eve Maddock‑Jones on the good, bad and ugly of trusts courting retail investors through modern media — with mixed results. Finally, Tom Sieber talks to two managers spotting tentative recovery signs in the smaller companies sector, with insights from Nish Patel (Global Smaller Companies) and George Cooke (Montanaro European Smaller Companies).

02:03 –Dan on why Temple Bar is still beating the market 05:20 – JPMorgan Global Growth & Income lags behind

09:20 – Activist investor Saba launches new investment fund and the latest on its efforts to shake up Edinburgh Worldwide & Impax Environmental Markets 15:13– Hannah talks to Job Curtis: Market lessons from past geopolitical shocks 30:51 – Eve Maddock‑Jones on how trusts are (mis)using modern media 48:34 – Small-cap recovery? Tom Sieber speaks to Nish Patel 57:39 – European opportunities with George Cooke

Charlene Young and Danni Hewson look at how UK and global markets have moved over the past month, and as we mark the first anniversary of Donald Trump's Liberation Day tariff announcement.

In company news, Danni will cover Unilever spinning off its food business - home to Hellmann's mayonnaise, Knorr and Marmite – in a merger with spice giant McCormick. A proposed Hovis and Associated British Foods merger hits a snag and it's a landmark birthday as Apple turns 50.

Dan Coatsworth speaks to Bloomberg Intelligence analyst George Ferguson about SpaceX and the prospect of it joining the stock market in the first of our two interviews.

Awful April is upon us – Charlene looks at rises to council tax and other bills and how the government could raise money and scrap the £100,000 childcare tax trap.

We also break down what the FCA's car finance redress scheme means for lenders and investors. We finish with our second interview of the week as we hear from YouTube channel star Ruth David of ScrimpAndSpend on the rise of the finfluencer.

[00:09] Intro and topic rundown

[01:09] UK & global market update

[06:13] Liberation Day anniversary

[08:41] Company news - Unilever foods/McCormick deal; Hovis/ABF update

[16:10] SpaceX INTERVIEW - George Ferguson, Bloomberg Intelligence

[32:41] Awful April bill hikes

[35:21] How the government could solve the £100,000 childcare tax trap

[39:11] Car finance update

[45:28] Finfluencer INTERVIEW - Ruth David, ScrimpAndSpend

[01:00:19] Outro

Welcome to the latest episode of the AJ Bell Money & Markets podcast with Charlene Young and Tom Sieber. The Iran conflict continues to drive oil price and market swings; we’ll bring you the latest impact on investors and consumers. Charlene runs through why there is more to the latest UK inflation figures than meets the eye and how high food prices might go.

Tom has the latest from the corporate world – with updated from B&Q owner Kingfisher and Revolut, as well as the rumours that Estee Lauder is to merge with a big name in the beauty and fashion world. The latest CBI survey from UK retailers also features.

To finish on a high, Dan Coatsworth brings us a fascinating chat with Premier Foods’ Chief Financial Officer Duncan Leggett. With 89% of households purchasing at least one of their famous brands in the last 12 months, this is an interview not to miss.

[00:16] – What’s on today’s episode [00:58] – Iran conflict – Tom updates us on oil prices & market volatility [04:06] – UK government response & potential energy support measures [06:15] – Charlene looks at the latest UK inflation data – calm before the storm? [08:28] – Food price warnings and household impact [11:50] – Tom brings us company updates from Kingfisher & Revolut [15:58] – Beauty sector merger rumours [18:53] – CBI UK retail data: how bad is it? [22:14] – Dan sits down with Premier Foods CFO Duncan Leggett.

Welcome to the latest episode of the AJ Bell Money & Markets podcast with Dan Coatsworth and Charlene Young.

This week we dive into everything from the surprising new additions to the UK inflation basket (yes… hummus and dashcams!) to the impact of rising oil prices on carmakers and travel firms. We also look at fast changing mortgage deals, the rush to use key tax year end allowances, and what could happen next with interest rates in the UK, US and beyond.

We’re also joined by a fantastic guest: Jonathan Guthrie, longtime Financial Times journalist, former Head of Lex, and now author – who shares brilliant insights on investing narratives, market crashes, and how investors can stay sane when markets wobble.

If you care about money, investing or markets – this one’s packed with value.

00:25 – What’s on today’s episode: Market narratives, inflation surprises, oil prices, mortgages, tax year end, and this week’s special guest.

01:26 – Dan looks at how financial markets have performed over the past week

03:30 – Changes to interest rate expectations and mortgage pricing – and what it means if you’re in the process of buying a home.

09:40 – Company highlights of the week. Good news from Diploma, Softcat and Moonpig.

13:02 – Charlene on this year’s inflation basket update. Why hummus and dashcams are in – and what’s out.

17:15 – Thinking about holiday plans or a car upgrade? How rising oil is impacting carmakers and the travel industry.

22:41 – Tax year end: last minute wins. There is still time to use valuable allowances.

28:13 – Dan talks to award-winning journalist Jonathan Guthrie about investing and market behaviour