Ian King Business Podcast: Interest rates, Polestar without Volvo, and Phoenix Group overachieves
Thursday 1 February 2024 21:03, UK
Ian King speaks to Sky's economics and data editor, Ed Conway, about the Bank of England saying inflation could ease to its 2% target within a few months - despite it keeping interest rates on hold again at 5.25%.
Also, Swedish carmaker Volvo said today it will stop providing funding to its electric vehicle start-up Polestar - Ian discusses this with Jim Rowan, chief executive of Volvo Cars.
And, Andy Briggs, chief executive of Phoenix Group - the UK's biggest long-term savings and retirement business, talks to Ian about hitting its 2025 target for new business cash generation two years early.