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News of savings and investments, credit cards and loans, pensions, banking, benefits and giving to charity. The UK’s premier weekly round-up of personal finance with Paul Lewis.

News of savings and investments, credit cards and loans, pensions, banking, benefits and giving to charity. The UK’s premier weekly round-up of personal finance with Paul Lewis.
More Information

Location:

London, United Kingdom

Networks:

BBC

Description:

News of savings and investments, credit cards and loans, pensions, banking, benefits and giving to charity. The UK’s premier weekly round-up of personal finance with Paul Lewis.

Language:

English


Episodes

Money Box Live: Universal Credit

11/14/2018
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What’s your experience of the biggest change ever made to the benefits system? Universal Credit - which is being gradually introduced across the UK - is supposed to make things simpler, by merging six benefits into one single payment. But it's been plagued by controversy, especially over delays in paying claimants, causing severe hardship in some cases. In Budget 2018, the Chancellor introduced new measures designed to improve the system. These include increasing the amount of money people...

Duration:00:30:18

Free finance textbook for schools

11/10/2018
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Tens of thousands of free educational books about personal finance are being sent to every secondary school in England. For free. Funded by money saving expert Martin Lewis, written by Young Money and supported by the Government, it 's the UK's first ever financial education textbook. The Government’s announced its second attempt to try to increase probate fees, this time from just a few hundred to thousands of pounds for some. We’ll find out what’s behind the move, if it’s likely to get...

Duration:00:25:42

Expats and Brexit

11/7/2018
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Whether it’s access to healthcare, pensions or the right to work on the continent, how will the UK’s withdrawal from the EU affect the finances of the 1.3 million Britons living in Europe? Louise Cooper and a panel of guests discuss what might happen to expats' rights, whatever the outcome of Brexit negotiations.

Duration:00:29:13

Exotic Pension Scams

11/3/2018
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The High Court has ruled that SIPP providers should check whether the investments chosen by customers are high risk or scams following one man's investment in a bio fuel scam. Insurers are taking an estimated £700 million a year off us because we do not look for the best deal every year. They even have a name for it - price walking. It's a familar tale for regular Money Box listeners - we've exposed this practice many times. But now the regulator, the Financial Conduct Authority, has...

Duration:00:25:33

Budget 2018

10/31/2018
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Whether you're young or old, rich or poor, how will the Budget affect your personal finances? Louise Cooper and a panel of guests take your questions. Call 03700 100 444. Lines are open from 1pm on Wednesday 31 October. You can also email moneybox@bbc.co.uk or tweet @moneybox

Duration:00:30:25

State pension age equalisation

10/27/2018
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Women born on 6 November 1953 will make history this year. In just over a week they will reach 65. And for the first time since world war two they will qualify for their state pension at the same age as a man. Equalisation has been a long time coming. It was first announced 25 years ago by Kenneth Clarke in his 1993 Budget. His plan to equalise women's state pension would be phased in from 2010 and end in 2020. But in 2011 Chancellor George Osborne decided to speed this process up so it...

Duration:00:24:55

Money Box Live: Making Tax Digital

10/24/2018
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A big change to the UK's tax system starts next April, but are firms ready to comply? In barely five months' time, every business which is above the threshold for VAT must ditch paper-based record-keeping and get new approved software instead. The new rules are part of Making Tax Digital - and make it compulsory for them to keep electronic records of VAT and file returns to the Revenue directly from accounting software. It will apply to small businesses and sole traders if they are...

Duration:00:29:02

Pulling the plug on subsidies for green cars

10/20/2018
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If you're thinking of buying a new greener motor car you might want to hurry up. In less than three weeks' time government subsidies on more environmentally friendly vehicles, worth thousands of pounds, are going to be cut or disappear altogether. Pay.UK have just released plans for banks to introduce confirmation payee in 2019 to help cut bank fraud. What's taken so long? New figures out this week show that hard work in fact pays rather less well than it did four years ago - at least for...

Duration:00:24:47

Money Box Live: Bankruptcy

10/17/2018
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We Brits took out more than a billion pounds in consumer debt in just one month this year. For many. the problems of too much debt can seem overwhelming. 12% of people say they always or most of the time run out of money at the end of the week or month or need a credit card or overdraft to get by - that's according to a survey by the Office For National Statistics. For some, that debt leads to bankruptcy. It can be a confusing and emotionally difficult process. The debt charity, Step Change,...

Duration:00:32:09

Time to say ta-ra to the till?

10/13/2018
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Marks and Spencer has become the latest food retailer to introduce a new way of shopping that could mean the end of the supermarket checkout. It involves a mobile phone app which means instead of paying for things at the till, customers pick out what they want, scan the barcodes and pay on their phone and...walk out. Other British supermarkets are trialling similar schemes with Amazon hot on their heels. Money Box has reported before on the problems faced by up to 100,000 people who bought...

Duration:00:24:59

Money Box Live: How to Avoid Inheritance Tax

10/3/2018
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How can you legally reduce the inheritance tax your loved ones have to pay when you die? If you have accumulated substantial wealth during your life, inheritance tax can cost family and friends hundreds of thousands of pounds after your death. But there are legal ways to avoid being hit with a hefty IHT bill. Whether by donating to charity or giving away cash from surplus income, you can reduce the amount of inheritance tax due on your property, savings and other assets. But how does...

Duration:00:31:35

Money Box Live: Energy Prices

9/12/2018
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If you haven't switched energy suppliers in recent years, what does the energy price cap mean for you? The regulator, Ofgem, has announced plans to prevent gas and electricity companies charging a typical household more than £1,136 a year, saving households £75 a year, on average. But will it mean companies stop offering some of their cheapest deals currently on the market? And will consumers be lulled into thinking they don't need to shop around and look for better deals? But how to switch...

Duration:00:29:20

Wages more volatile than expected

9/8/2018
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A study by the Resolution Foundation thinktank has found that the vast majority of people experience significant monthly wage volatility at least twice a year. Almost half see significant changes half of the year. The study used anonymised data from 7 million Lloyds bank accounts. It's the first time that actual data has been used to look at monthly earnings. Official figures which show adequate income over the year may therefore hide serious problems in a number of specific months. We speak...

Duration:00:27:45

BONUS PODCAST: Economics with Subtitles - Coffins Full of Car Keys

8/25/2018
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BONUS PODCAST: The Moneybox podcast is on it’s summer holiday but fear not, for the next four weeks, you will get a brand new podcast instead. Economics with Subtitles is your everyday guide to economics and why you should care. In this edition, Ayeisha and Steve make sense of interest rates. Why did they lead to coffins full of car getting sent to the US Federal Reserve? What factors affect what you have to pay on your loans? And what do your film choices say about why you decide to borrow?...

Duration:00:29:00

BONUS PODCAST: Economics with Subtitles - How Condoms Can Cost a Week’s Wages

8/18/2018
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BONUS PODCAST: .The Moneybox podcast is on it’s summer holiday but fear not, for the next four weeks, you will get a brand new podcast instead. Economics with Subtitles is your everyday guide to economics and why you should care. In this show, Ayeisha and Steve make sense of inflation. They’ll explain how hyperinflation is affecting how Venezuelans have sex, why you can’t afford a ticket to see your favourite band in concert anymore and why a sale on sofas isn’t always a good thing....

Duration:00:28:44

BONUS PODCAST: Economics with Subtitles - Bracelets for Bullets

8/11/2018
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BONUS PODCAST: The Moneybox podcast is on it’s summer holiday but fear not, for the rest of August, you will get a brand new podcast instead. Economics with Subtitles is your everyday guide to economics and why you should care. In this show, Ayeisha and Steve explore government debt. Why did an anonymous mother send her bracelet to the government to be turned into a bullet? How are you lending the government money without even realising? And when should you be worried about how much debt the...

Duration:00:28:05

BONUS PODCAST: Economics with Subtitles - How Buying Cocaine Helps the Government

8/4/2018
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BONUS PODCAST: The Moneybox podcast is on it’s summer holiday but fear not, for the next four weeks, you will get a brand new podcast instead. Economics with Subtitles is your everyday guide to economics and why you should care. In this edition, Ayeisha and Steve look at how we quantify economic success. Should dodgy drug deals be included? What is Steve’s contribution to GDP? And should we ban people who pinch too many of your crisps? Producers: Simon Maybin & Phoebe Keane Presenters:...

Duration:00:28:28

Money Box Live: Electric Cars

7/25/2018
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The future of motoring looks set to be increasingly electric with the Government committed to ban the sale of petrol and diesel cars by 2040. That commitment was strengthened this month with the unveiling of a new Road to Zero strategy aimed at boosting the country's electric vehicle infrastructure with proposals including fitting chargers in new developments, offices and even lampposts. But how does buying and running an electric car compare to petrol and diesel and what might you have to...

Duration:00:28:58

Money Box Live: Pension transfers

7/4/2018
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Three years ago pension freedoms were introduced, allowing millions of people to transfer out of their Defined Benefit schemes and cash in their savings. The appetite for transferring appears to have grown since then - a total of more than £34bn being moved around in the last calendar year, according to the most recent figures from the Office for National Statistics. So why would you want to give one up? The high transfer values is one reason - a pension of £10,000 could translate to a cash...

Duration:00:28:21

Legal action planned over training costs

6/16/2018
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Graduates who sign up to training programmes offered by some of Britain's biggest outsourcing companies are being hit with bills running into tens of thousands of pounds if they decide to leave within two years. Some of those affected are now planning legal action. Will the government keep its commitment, written into legislation, to publish the details of how a ban on pensions cold calls will work by the end of the month? If it doesn't the Work and Pensions Secretary will have to explain to...

Duration:00:25:11