Dr. David Kuo from The Motley Fool joined me to discuss the big business stories of the week. David is concerned about the FSA introducing new enforcement measures -too little, too late. I agree. Waste of time and money. As for the economy, it does seem to be improving but mostly due to pre-election stimulus, the calm before the storm and David thinks inflation could very well get out of control. Also don’t forget the fact that the ISA deadline is getting close. If you have not used your allowances and have savings in the bank then do think about investing. David also thinks that the stock market will rise significantly this week. You heard it hear first! However in case you think everything is fine and rosy again, David is of the view that the next three to five years will be tricky. www.fool.co.uk if you want to find out more.
And Debt Wizard, Mike Thomas joined me. Sometimes the first step to sorting out your debt is knowing what to do next. Mike gave some excellent advice to you and also some helpful contact details. Much of the information you need is on his website www.debtwizard.com including the new forum where your queries are answered or you can call Debtwizard on 0845 225 0025. Mike suggested some of our callers need to speak to the Financial Ombudsman Service, www.financial-ombudsman.org.uk or 0845 080 1800 for more information.
Don’t forget to download the free podcasts “Cashpoint” and “Buy It Sell It Rent It”