Episode July 22, 2016 51 min 28s

Al-Arm bells ringing at the dawn of things

From This is Money Podcast This is Money

‘Exploited! Barmy Army!’

Come on? Who still remembers the early 80s war cry from post-punk nihilists, The Exploited?

And who else thinks it could equally now apply to first of the big post-Brexit foreign business invasions – the Japanese takeover of British chip-making legend, Arm?

With the pound down 20% against the yen since the referendum, heavily indebted Japenese company Softbank has made a massively overvalued offer to buy the crown jewels of mobile phone components. It’s apparently banking on Arm’s future role in the ‘internet of the things’.

Barmy Arm-y!

Is Britain about to be exploited by the suddenly wealthier rest of the world?

What on earth is the internet of things?

If none of this makes any sense, relax, Georgie Frost, Simon Lambert and Rich Browning are on hand to explain it all in this week’s fun look at week’s events.

Also on the turntable…

What should our new Government ministers tackle first? Pensions, Housing, Transport? Simon has a plan.

Who is the greediest of them all? The Post Office is paying NOTHING to savers and tops the latest League of Shame.

Why’s the country now obsessed with the idea of becoming a millionaire? Be prepared for a shock when you work out how many lifetimes it might take to achieve it.

And finally…

What would be your first job if you were Prime Minister? An extra holiday anyone?

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Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

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