Inflation cools, over 50s head back to work and the FTSE flirts with a new record high

On this week’s money and markets podcast Danni Hewson and AJ Bell’s head of retirement policy Tom Selby mull over the latest UK inflation numbers and discuss jobs data which shows more over 50s are heading back into the work place flagging a big issue about pensions.

The FTSE 100 continues to flirt with the record books – nudging close to but not quite hitting a new high as UK retailers like Tesco, Currys and WH Smith deliver on the upside.

But it’s not all been good news with profits at big US investment banks Goldman Sachs and Morgan Stanley among those taking a big hit with deals down and millions being set aside as recession beckons.

Dan Coatsworth has been chatting to Mark Slater from the Slater Growth Fund about the rebound in UK stocks and how 2022 was one of his hardest ever years as a growth investor.

And with the reopening of China partly behind the New Year rally, Danni’s been chatting to Ewan Markson Brown, manager of the Crux China Fund, about where he sees the opportunities for investors.