Hidden among the complexities of UK financial systems are over 3 million lost pension pots, totaling a staggering £30 billion. New research reveals a 17% rise in these unclaimed funds, prompting government initiatives to simplify tracking. Meanwhile, hundreds of thousands of former students are urged to check for potential refunds on overpaid loans, with up to £184 million available for reclamation. The conversation also highlights changes in universal credit repayments, promising to ease the burden for 1.2 million households.

A historic budget introduces significant tax increases, including higher National Insurance and Capital Gains Tax. The freeze on Income Tax thresholds will finally end in 2028, while minimum wage rises are on the horizon. Experts also dissect a landmark Court of Appeal ruling that could secure millions in compensation for car finance buyers, exposing shady dealership practices. The discussion highlights the pressing need for transparency in financial dealings and the wider economic impacts on communities navigating these changes.

Dr. Arun Advani, Professor of Economics at the University of Warwick, provides expert insights on the recent budget announcement. He discusses a monumental £40 billion tax increase affecting personal finances, including significant changes to inheritance tax and national insurance. The conversation includes implications for small businesses, particularly in hospitality, and examines the surprise cuts in alcohol duty, particularly for draft beer. Advani also tackles how these financial changes intertwine with government support for low-income households amidst growing economic pressures.

In this insightful discussion, Dan Whitworth, a reporter for Money Box, delves into the looming financial challenges faced by middle-aged households in light of the forthcoming budget. With rising costs forcing difficult choices, he highlights a staggering rise in households struggling to balance heating and food. The conversation also tackles the implications of changing interest rates and warns about the pitfalls of unregulated 'finfluencers' giving potentially harmful financial advice online. Discover how to navigate these turbulent financial waters!

Sarah Coles, a personal finance analyst at Hargreaves Lansdown, joins the discussion to uncover the importance of children's financial literacy. They delve into Child Trust Funds, highlighting that many young people have yet to claim theirs, potentially worth up to £2,200. The conversation touches on Junior ISAs, parental strategies for fostering money management skills, and creative methods like toy jobs for teaching responsibility. Real-life anecdotes of young entrepreneurs also bring to light the significance of hands-on experience in shaping future financial habits.

A significant review into Carer's Allowance is underway as the government seeks to address overpayments that have plunged many caregivers into debt. Hear from a mother facing an £11,000 repayment struggle. Meanwhile, a young man's distress over his disappearing Child Trust Fund highlights the hidden fees plaguing these accounts. The podcast also discusses the looming threat of rising fuel costs and scams targeting those fearful of winter heating expenses, offering essential tips for financial navigators.

Rachael Walker, Research and Policy Director at Policy in Practice, sheds light on the staggering £23 billion of unclaimed financial support available in the UK. The discussion reveals the types of benefits many overlook, such as pension credit and carer’s allowance, often due to lack of awareness. Personal stories illustrate challenges faced by caregivers navigating the system, emphasizing the importance of seeking help. The conversation also tackles the stigma around applying for financial assistance, encouraging listeners to recognize their rights to support.

In this engaging discussion, Emma Smith, a Money Box reporter, and Devon Ghilani from Policy in Practice delve into the government's push to increase pension credit awareness among seniors. They highlight the financial benefits it brings, including winter fuel payments. Dan Whitworth sheds light on council tax debt, critiquing aggressive collection practices. The episode also explores why many renters forgo insurance despite the risks of losing their belongings, offering valuable insights into affordable options to protect their finances.

Simon Gammon, Head of Finance at Knight Frank, and Beth Rudolf, Director at the Conveyancing Association, join Felicity Hannah to demystify the home-buying process. They explore the rollercoaster journey of first-time buyers and share tips on enhancing purchase offers in today's competitive market. The duo emphasizes the importance of selecting the right conveyancer, managing emotional stress, and navigating the legal complexities of property buying, especially in England versus Scotland. Their insights aim to ease the burdens on anxious homebuyers.

Ben Donaldson, Managing Director for Economic Crime at UK Finance, shares insights on new rules for banks addressing Authorised Push Payment Fraud. Dan Whitworth, a reporter, interviews fraud victims revealing their emotional turmoil and financial losses. They discuss the significant rise in scams, the urgency for banks to reimburse victims swiftly, and the necessity of tech companies' involvement in fraud prevention. Personal stories highlight the challenging road to recovery and the pivotal changes poised to support those affected.