Dumb business decisions - banks vs BA, Ferrari and football clubs

There are a lot of laughs this week as Simon Lambert, Lee Boyce and Georgie Frost take a sideways look at some of the week’s potty money stories.Banks are in the spotlight because it’s reporting season and there was a mix of good news, shock news and fraud news from Barclays, HSBC, Lloyds and the rest. But the pathetic attempts by RBS to lure customers to its headline 0.05% interest-paying cash Isa get taken to pieces by the This is Money team. Also on the show… A trendy new bank backed by the tech entrepreneur, haircut wearer and singing coach on TV’s The Voice, Will. i.am, is paying 2% to its savers. It’s a suspiciously high a rate say our judges. To open the account you have to take a selfie. How many moneyed 60-year-olds will take that seriously? Football. Bloody hell! It’s the metaphor for anything. Could the rise and fall of Leicester City be clever economic forecasting at play?A conversation about the state of our banking sector ensues: Tale of two bail outs – RBS v LloydsBritish Airways vs all the other airlines it used to be better than until it got into bed with Marks & Spencer’s sandwich department. Divorce vs capital gains taxScammers vs printer owners The new Ferrari vs critics of its odd new name And finally, How much is a coin worth when the Queen’s face has a goatee beard?Enjoy.Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us [email protected] us  020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen CraneProducer: Georgie Frost Hosted on Acast. See acast.com/privacy for more information.