The City View: Michael Hewson on problematic consumer spending growth

Today Andy Silvester talks to Michael Hewson, Chief Market Analyst at CMC Markets. They unpick the latest wage and labour figures, analyse Bank of England governor Andrew Bailey's comments at the Treasury select committee yesterday, go through inflation predictions for 2022, and discuss why current consumer spending growth in the US and UK will be problematic in the long run. Andy also takes us through the headlines: Vodafone revenue in Germany has increased by 1.1%, and UBS has warned potential crypto investors that this is not the time to invest.See omnystudio.com/listener for privacy information.

Om Podcasten

The City View is a new podcast from City A.M. - London's daily business and finance newspaper. City A.M. was launched 15 years ago under the strapline "business with personality" - and The City View podcast follows the same philosophy. Every day, City A.M. Editor Andy Silvester will open the podcast with a quick look at the headlines from the worlds of business, finance, economics and politics, before introducing his guest of the day. Guests will be industry leaders, economists, pundits, investors, journalists, politicians and senior figures from the City of London. Expect insight and analysis mixed with good conversation, humour and expertise as Andy and his guests attempt to make sense of the world in extraordinary times.