MTTM Podcast Episode 461 – Election impact on the stock market, New energy price cap & Festival/Concert refunds

Listen to Episode 461

In this week's podcast we explain the latest changes to the energy price cap revealing how it will impact energy bills and whether now is a good time to fix your energy tariff. We then provide some insights on the upcoming UK General Election and its potential impact on the UK stock market and the pound. Finally, we explain your refund rights if the event you are due to attend is cancelled or rescheduled.

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Summary of Podcast Episode 461

In episode 461 of the Money to the Masses Podcast, we cover three key topics related to managing finances and saving money. Here is a summary of the topics covered:

Podcast Quiz Questions

Here are five multiple-choice questions to test yourself after listening to this week's episode.

Multiple Choice Questions

1. Which entity dictates that ticket sellers must refund the face value of the ticket?
   • A) Ofgem
   • B) Eon
   • C) Ticketmaster
   • D) STAR
2. What happens if an event or concert is rescheduled and you can't attend?
   • A) You lose your money
   • B) You get a partial refund
   • C) You're entitled to a full refund
   • D) You get a discount on future events
3. From July the energy price cap for a typical household energy will be?
   • A) £1432
   • B) £1568
   • C) £1673
   • D) £1882
4. From July, what percentage drop in energy bills can be expected compared to last winter?
   • A) 10%
   • B) 20%
   • C) 25%
   • D) 30%
5. What stock market reaction is typical if the UK election outcome is as expected?
   • A) Market crash
   • B) Increased volatility
   • C) Market rally
   • D) No change

Answers

1. D) Society of Ticket Agents and Retailers (STAR)
2. C) You're entitled to a full refund
3. B) £1568
4. B) 20%
5. C) Market rally

Resources:

• MTTM Deals Page
• Energy price cap to fall by 7% in July
• Refund rights if your festival or concert is cancelled
• Take out a free trial of 80-20 Investor