FTSE highs, BP profits soar, taxman’s pension raid and how popular songs can boost your investment pot

AJ Bell Money & Markets

Feb 10 2023 • 41 mins

This week we have warnings about the taxman coming for your children’s savings, as well as some more uplifting news about UK markets. Danni Hewson has all the details on the FTSE reaching a new record high, as well as an update on public enemy number one: the oil firms making big profits, and the latest round of tech sector job layoffs.

Laura Suter has all the details of a report that proposed big changes to how pensions are taxed, and she’ll be diving into the showdown between bank chiefs and Government ministers this week, for not paying you enough interest on your savings. On top of that, she will be talking through how your children’s savings could land you with an unexpected tax bill.

And we’ve also got Dan Coatsworth on the show with an interview with Round Hill Music boss Josh Gruss talking all about music royalties.