Talking Markets (Capital.com)

Joining Michael and David on this week's Talking Markets episode is Archie Norman, Chairman of Marks & Spencer pls.

He has a distinguished business and political career and is the only person to have been chairman of an FTSE 100 company and a Member of the House of Commons at the same time.

From January 2010 to January 2016, Norman was the chairman of ITV plc.

They discuss the Marks & Spencer turnaround, leadership and hierarchy in the modern age, the tech partnerships M&S is pursuing and the risks the company is facing, as well as the current political climate after Labour's recent win and how to generate growth and productivity.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Talking Markets welcomes back Gerald Ashley, a sought-after speaker, advisor, broadcaster and writer on change, risk and decision making. In today's episode he talk with hosts Michael Wilson and David Buik about innovation in Europe and the U.S., China's progress and whether the UK is open for business.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Today is the first of four very special editions of ‘Talking Markets’ that we’re hosting in the run up to the general election.

Helen Thomas, former adviser to George Osborne during his time as Chancellor of the Exchequer, is currently in the Capital.com studio discussing how a party switch could impact markets, businesses and investors across the UK and beyond.

The session will cover:

- How a Labour government with a huge majority could affect UK equities

- Whether Labour has the talent to drive UK growth and attract foreign investment

- How the switch could impact burgeoning industries like UK tech

- What a switch could mean for UK IPOs

- Whether capital gains tax reform is on the horizon

- How the gilt market and international bond markets could react to a Labour majority

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

This week on Talking Markets, industry veterans David Buik and Michael Wilson are joined by economics guru Simon French to discuss the upcoming UK election, how equities and the pound have fared under Labour and Conservative governments in the last 70 years, as well as the state of the housing market and the economy's growth prospects.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In today's episode of Talking Markets we welcome Sir Martin Sorrel, CEO of S4 Capital. We talk about his company's recent stock market performance, as well as the prospects of Big Tech amid heavy investments in AI.

He also discusses the bigger picture following the re-election of Donald Trump for president of the US, the likelihood of tariffs for the UK and EU, as well as China's investments in South America and other developing economies.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In this episode of Talking Markets, veteran broadcaster Michael Wilson and financial expert David Buik are joined by Lord Michael Spencer—one of the most influential figures in the City of London. Together, they dissect the impact of Trump’s unpredictable tariff strategy, the global market instability it’s triggering, and why traditional investment playbooks are breaking down.

From recession fears to the gold rally and questions over the Fed's independence, this conversation delivers sharp insights into a world of self-inflicted economic turbulence. Discover where investors might turn next—and what the future holds for global markets.

CFD trading involves a high level of risk. 85.24% of retail investors lose money.

Today's Talking Markets guest is Justin King CBE, former CEO of Sainsbury plc. He has been a leader in customer-facing businesses for over three decades and has held senior positions in companies like Asda, M&S, PepsiCo and Mars.

He is currently Chair of Allwyn Entertainment and Dexter's since 2022, Non-Executive Chairman of Itsu Grocery since 2023, Non-Executive Director of M&S and Itim Group, as well as a number of other senior adviser roles. He is credited with turning Sainsbury's around in the early 2000s, delivering shareholder returns of over 85% while tripling profits.

Speaking with hosts Michael Wilson and David Buik, he discusses the political and investment landscape in the UK, as well as his experience in executive positions.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Our next ‘Talking Markets’ general election special with journalist Simon Nixon is now live on air. He joined The Times as Chief Leader Writer in 2018 and has been writing a weekly column for the business section on international economic affairs since 2015. He was previously Chief European Commentator at The Wall Street Journal and European editor of the WSJ’s ‘Heard on the Street’ column. Prior to this, Simon was the Executive Editor of Reuters’ Breakingviews.

In the 30-minute session, industry veterans David Buik and Michael Wilson will ask Simon:

Can Labour attract inward investment?

What could a Labour government mean for UK equities?

How will Labour’s ambitious infrastructure plans impact the private sector?

Could Labour recharge UK IPOs?

What could a government shift mean for international bond markets?

Has the free market had its day?

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In this episode, we dive into the state of the markets, global economic uncertainty, and key investment strategies for volatile times. We discuss Trump’s impact on the economy, China’s aggressive market expansion, and why some investors are seeing opportunities despite the chaos. Are these the moments to buy back in? Tune in to find out!

CFD trading involves a high level of risk. 82.12% of retail investors lose money.

Joining David and Michael in the Capital.com studio, is guest speaker James Max – Broadcaster over the years for BBC, LBC, Sky, Channel 5, TalkRadio and TalkTV, investment banker, property guru and columnist at the Financial Times.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

Joining David and Michael in the Capital.com studio this week is FX expert Humphrey Percy. With over 40 years of international banking experience, he has worked at the likes of J. Henry Schroder Wagg, Barclays Bank Group and WestLB, holding positions including CEO, Managing Director, General Manager, and Head of Global Financial Markets.

Humphrey founded Bank of London and The Middle East plc in 2006, and was Chief Executive Officer of BLME Holdings for nine years. A Chartered Fellow of the Chartered Institute for Securities & Investment (CISI), Humphrey founded HighLine Partners Ltd in 2019, where he is Chairman. He’s also the Chairman of SGM-FX, an independent foreign exchange company.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

This week, David and Michael are joined by Steffan Williams, founder and partner of strategic communications and change management consultancy Williams Nicolson.

They talk about PR and AI's impact on the industry, as well as reputation management and how CEOs should engage with media in a changing world.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In this episode of Talking Markets hosts Michael Wilson and David Buik speak with Hugo Duncan, the Business Editor of the Daily Mail. Duncan previously served as deputy finance editor, and before that as economics correspondent. His focus is on economics, property, housing, pharmaceuticals and city stories.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Today's episode of Talking Markets welcomes Dr. Lucy Walton, CEO of Connected Impact. She is the co-inventor of the Connected Impact methodologies, which use patent pending AI approaches to track and compare company performance against 100,000 data points from selected competitors and peers.

Speaking with host Michael Edwards and David Buik, they discuss the exact role AI will play in the years to come, the role humans will always play and how regulators are trying to keep pace.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Joining David and Michael in the Capital.com studio this week, is guest speaker Bryan Coyne. He is a hugely respected investor/trader, who has decades of experience and is well versed in all equities US, Japan, China, UK, Europe and all the BRICS. He is also a director of Kesai Holding - a digital crypto fund manager.

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In this episode of Talking Markets, we dive into the high-turnover investment strategy that sets Nutshell Asset Management apart. Our guest Mark Ellis, a seasoned trader and fund manager, explains how an active, data-driven approach helps them maximize returns while staying nimble in global markets.

Learn how Nutshell's trading decisions add value, why turnover isn’t always a bad thing, and how they leverage closing auctions for optimal pricing. Whether you're an investor or just curious about modern fund management, this discussion provides unique insights into a fast-paced, dynamic approach to the markets.

CFD trading involves a high level of risk. 82.12% of retail investors lose money.

In this episode of Talking Markets, Lord Jim O’Neill shares his insights on financial markets, global economic shifts, and political leadership. He discusses the surprising optimism surrounding market performance, the impact of Trump’s policies, and the potential consequences of dismantling the postwar economic system.

O’Neill reflects on the challenges of globalization, questioning whether certain economic remedies may ultimately harm those they aim to help. He also delves into investment strategies, emphasizing the importance of leadership, adaptability, and long-term vision in successful businesses. From startups to major asset management trends, he explores the delicate balance between risk and innovation in today’s economy.

CFD trading involves a high level of risk. 85.24% of retail investors lose money.

Joining David and Michael in the The future of trading studio this week is guest speaker Helen Thomas 📣

Helen has 20 years of experience in banking, fund management and politics. She was an adviser to George Osborne, the former Chancellor of the Exchequer during 2008, and ran the Financial Markets Reform Programme at Policy Exchange before going on to be a partner in a Global Macro hedge fund and Head of Currency Alpha at SSGA.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

Joining David and Michael in the Capital.com studio this week is blockchain guru Jonny Fry, a renowned figure in the blockchain community. He has over 25 years of finance-sector experience and deep expertise across all things financial innovation, from ICOs to tokenomics and crypto funds.

Jonny established and floated Premier Asset Management Plc on the London Stock Exchange, managing over £1 billion. In 2016, he co-founded TeamBlockchain Ltd, where he currently serves as CEO. Jonny is also the Non-Executive Chairman of Gem Cap UK Ltd., working with fund managers on strategy marketing and distribution.

He also co-founded The British Blockchain Frontier Technology Association (BBFTA) and Lifesci, and serves as the Editor of Digital Bytes, providing in-depth analysis on blockchain and digital asset sectors.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In this week's Talking Markets David and Michael speak to Neil Saunders, Managing Director of the retail division at GlobalData. In this capacity, he leads the enhancement of the company's retail offerings and manages its research production. Additionally, he collaborates with clients to provide insights into the retail environment, shopper behavior, and market trends, offering guidance on the optimal development, refinement, and execution of their business strategies.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

In the first Talking Markets episode for 2025 hosts Michael Wilson and David Buik speak with Russ Mould, Investment Director at prominent UK stockbroker and fund manager AJ Bell. Russ is a distinguished and respected broadcaster and brings a wealth of experience in financial markets.

We discuss 2024 and the substantial number of rate cuts that proved to be one of the driving forces on the markets and the exponential growth of national debt. We also cover the Magnificent Seven stocks, the imbalance they appear to be creating, as well as the prospects of retail and AI stocks, as well as China and India.

CFD trading involves a high level of risk. 82.67% of retail investors lose money.

Joining David and Michael this week is one of the UK's leading economists, Dr. Gerard Lyons. In this episode, Dr. Lyons shares his views on Brexit, the future of UK-China relations, and where interest rates are likely to settle.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

In this episode of Talking Markets we speak with Paul Kavanagh, Director of wealth and investment management company Patronus Partners.

Together with hosts David Buik and Michael Wilson they discuss the impact of Trump's presidency on tariffs and inflation, rising UK debt and the prospects of the magnificent 7 stocks.

AI is also one of the key themes, with the technology's potential to accelerate development in healthcare and DeepSeek upending the U.S. leaders analysed.

CFD trading involves a high level of risk. 82.12% of retail investors lose money.

This week's guest on Talking Markets is investor and trader Bryan Coyne. He has decades of experience and is well versed in all equities US, Japan, China, UK, Europe and all the BRICS. He is currently a director of Kesai Holding - a digital crypto fund manager.

Speaking to hosts David Buik and Michael Wilson he talks about the upcoming elections in the US, investing cryptocurrencies and the importance of doing your own research.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Volatility is shaking up the markets, but is it really anything new? Economist and Blonde Money CEO Helen Thomas joins Talking Markets to break down the biggest financial and political trends shaping the investment landscape. From Trump’s bold economic moves to Musk’s impact on Tesla and the AI boom, we dive deep into what investors need to know. Plus, we discuss global defense spending, shifting market dynamics, and whether the "Magnificent 7" stocks are losing their shine.

CFD trading involves a high level of risk. 82.12% of retail investors lose money.

In today's episode of Talking Markets, David and Michael speak with Louise Hellem, Chief Economist at the CBI and a member of its Executive Committee. She and her team provide business leaders with advice on the UK economic outlook and global risks. Building on the insights from members, she shapes the CBI’s overall view on economic and fiscal policy and leads the CBI’s discussions with senior politicians and policymakers in these areas. Louise also oversees the CBI’s economic consultancy business CBI Economics.

Louise helps us understand how the new government is doing in terms of communicating the state of the UK economy both internally and externally and emphasizes that growth and productivity should have the highest priority.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

The fourth episode of Talking Markets welcomes Gerald Ashley, a sought-after speaker, advisor, broadcaster and writer on change, risk and decision making. In this episode he speaks with our hosts Michael Wilson and David Buik about geopolitical risks around Russia, China and the Middle East, as well as opportunities that countries like Argentina and Poland present.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

Andrew Love is currently Senior Advisor to The Ritz Hotel London.

He initially joined The Ritz Club in 1998 and the Hotel in 2004 when he became Deputy Chairman and subsequently Chairman, resigning from that role in 2020.

Throughout his career, he has been heavily involved in the Leisure and Hospitality industry.

He has held several positions on the main board of leading groups, including Ladbroke Plc, City Clubs Limited, Leisure Investments Plc, Metropole Hotels & Casinos, Suits Ltd, Coral Casinos [UK] Ltd, and Pleasurama Ltd.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Joining David and Michael in the Capital.com studio this week's Talking Markets is esteemed entrepreneur and philanthropist, Lord Michael Spencer of Alresford who will be discussing the general election, Brexit, and UK growth.

He is one of the UK’s most successful entrepreneurs. He founded Intercapital in 1986, a firm which soon became one of the world's largest inter-dealer brokers.

In 1998, Intercapital merged with EXCO, and a year later with Garban plc, forming ICAP – with Michael as CEO. ICAP joined the FTSE 100 in 2006, and in 2016 sold its hybrid voice broking business. This led to the formation of NEX Group, again with Michael as CEO. In 2018, CME Group acquired NEX, and Michael became a director and Special Adviser at CME.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

Welcome to this week's episode of Talking Markets. Joining David and Michael in the Capital.com studio is Marc A. Ross, a geostrategist and world-class communications executive with a proven ability to shape public affairs and increase cause awareness for global business issues using global street smarts coupled with holistic, high-frequency, and high-low communications.

They discuss the potential for a US-UK trade agreement and Marc's efforts in that direction, how the UK has been domestically focused for a prolonged period of time, as well as the FED's next moves.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Joining David and Michael in the Capital.com studio this week is City legend and ex-Cazenove CEO, Robert Pickering.

He joined leading City firm Cazenove in 1985, serving as its first Chief Executive from 2001 until 2008. He played a critical role in the firm's transformation from a private stockbroking partnership into a modern investment bank as part of the American giant J.P. Morgan. His book ‘Blue Blood’ provides a firsthand account of managing the firm during this period.

Since leaving Cazenove, Robert has had a portfolio career serving as an advisor to individuals and boards – mainly within financial services. He is currently Chair of the Board at Marex, a diversified, global financial services platform.

They’ll discuss:

• Life at the renowned City firm, Cazenove
• Working in the City amid Thatcher’s privatisations
• Critical private-sector corporate finance deals of the ‘80s and ‘90s
• Leading Cazenove’s transformation
• Working for Marex, an independent derivatives and forex broker
• The state of the City’s M&A and IPO activities

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In this episode of Talking Markets David and Michael welcome Louis Taylor, CEO of British Business Bank. Prior to this role, he was Chief Executive of UK Export Finance (UKEF), the UK's export credit agency, for seven years. He also held roles as a Director General in the Department for International Trade, and a member of its Executive Committee and Management Board.

The conversation touches on the role of the British Business Bank, the low number of IPO's in London, the state of the UK economy and how the new government is looking to advertise UK business abroad.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

For today's episode of Talking Markets we welcome back Charles Newsom, Investment Director of Rahtbones.

Speaking with host David Buik they discuss the poker game of tariffs that Donald Trump is playing, Elon Musk's role in government, as well as the impact of AI on the stock market. They also go over the performance of the banking sector and discuss the prospects of healthcare, energy and the FTSE.

CFD trading involves a high level of risk. 82.12% of retail investors lose money

A renowned figure in the blockchain community, Jonny Fry has over 25 years of finance-sector experience and deep expertise across all things financial innovation, from ICOs to tokenomics and crypto funds.

Jonny established and floated Premier Asset Management Plc on the London Stock Exchange, managing over £1 billion. In 2016, he co-founded TeamBlockchain Ltd, where he currently serves as CEO. Jonny is also the Non-Executive Chairman of Gem Cap UK Ltd., working with fund managers on strategy marketing and distribution.

He also co-founded The British Blockchain Frontier Technology Association (BBFTA) and Lifesci, and serves as the Editor of Digital Bytes, providing in-depth analysis on blockchain and digital asset sectors.

CFD trading involves a high level of risk. 83.51% of retail investors lose money.

Sir Martin Sorrell is a British businessman and Chairman of S4 Capital.

Martin has served on boards of many high profile public, academic and business organisations, including esteemed business schools both nationally and internationally.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

In today’s episode of Talking Markets, hosts David Buik and Helen Thomas welcome back entrepreneur and philanthropist, Lord Michael Spencer of Alresford to talk about the state of the US stock market, tariffs under president-elect Trump and his opinion on Labour’s budget.

CFD trading involves a high level of risk. 80.84% of retail investors lose money.

The final episode of Talking Markets for 2024 sees hosts David Buik and Michael Wilson speak with our very own Daniela Hathorn about the important events in markets this year, as well as looking ahead to 2025. They go over the expected impact of a Trump presidency on the markets, tariffs and the global economy, as well as some of the most traded assets on the ⁠Capital.com⁠ platform like gold, Tesla and nVidia.

Daniela specialises in macroeconomic and fundamental analysis and holds a CFA Level 1 qualification. She has a BSc in International Business from Kingston Business School, UK.

CFD trading involves a high level of risk. 82.67% of retail investors lose money.