Money Box

Commander Richard Smith, the national lead on robbery, dives into the alarming rise of mobile phone thefts and the innovative policing tactics being deployed to tackle mobile fraud. He discusses the intricate web of financial crimes targeting banking apps and shares insights on recent arrests. The conversation then shifts to the growing concern of savings tax, highlighting how many accounts now incur tax and providing clarity on how individuals can navigate these changes. Listeners also learn about the hurdles faced by those managing finances for disabled children and the value of children's pensions.

Jasmine Basran from Crisis, a charity aiding the homeless, and Richard Donnell, a property expert from Zoopla, discuss the UK rental landscape. They delve into the government's new renter rights initiatives, including the end of no-fault evictions and better protections. The rising 8% average rent poses significant challenges for renters, and personal stories highlight the emotional toll of eviction. The conversation also touches on the impact of accidental landlords leaving the market and the urgent need for improved housing regulations.

More than 90% of people have avoided paying for financial advice recently, highlighting a growing trend. Wage disparities are a significant barrier to getting the help needed, with many feeling rejected due to high investment thresholds. The discussion also covers the Labour government's plans for a living wage and better employment rights. Additionally, mobile phone fraud is on the rise, with new security measures urged to protect financial apps from criminals. It's a compelling look at the intersection of finance, employment, and personal security.

The rising costs of elderly care in the UK are a major concern, with residential care averaging £60,000 a year. Discussing the complexities of funding, experts share insights on a proposed cap limiting personal care costs. The emotional toll on families, especially those with Alzheimer's, is explored through real-life stories. The podcast emphasizes the importance of choosing the right care home and the growing demand for these services. Navigating financial challenges becomes crucial as the elderly population surges and government reforms are on the horizon.

In this enlightening discussion, Rachel Reeves, the UK's new Chancellor and a prominent figure renowned for her economic expertise, tackles pressing concerns like rising energy debt and stagnant tax rates. She reflects on the financial burdens facing working citizens amidst a new government's promise of support. The conversation also covers the recent drop in mortgage rates and what this could mean for homeowners. Listeners hear personal stories about the struggles with energy bills, highlighting systemic issues in the energy sector.

Discover your travel rights amidst the chaos of summer flights. Tune in for insights on managing delays and cancellations, especially after last year's disruptions. Learn about the Brexit passport rule tripping up travelers and the importance of the Global Health Insurance Card. The discussion also touches on frustrating airline pricing strategies and rising travel costs. Plus, get tips on budget management and finding travel bargains to enhance your holiday experience!

Vincent Duggleby, a legal expert in election-related finance issues, shares valuable insights ahead of the General Election. He discusses the intricacies of inheritance tax and capital gains tax, particularly how they affect individuals managing finances for incapacitated relatives. The conversation highlights challenges faced by powers of attorney navigating bank protocols, the need for industry-wide consistency, and the importance of individual savings accounts. The episode also pays tribute to Duggleby’s impactful legacy in the finance media space.

Jess, Callum, and Kirsty discuss the financial struggles of care leavers in the UK, emphasizing the lack of family support and the challenges they face in accessing entitlements and support systems. They highlight disparities in housing, education, and financial resources, advocating for improved assistance for care leavers transitioning into adulthood.

This podcast addresses topics like housing policies in the election, a man's billing ordeal with British Gas, struggles with debt collection and car insurance premiums, and challenges faced by young adults exiting care.

The number of people working into their late 60s, their 70s and beyond is rising. In this programme we'll discuss what that means for their employment rights and what it tells us about their finances.Back in the 90s, only around 5% of peopled aged 65 or older were in work. In the early 2000s, that rose to around 6%. But recently released data from the Office for National Statistics shows that today almost 12% of people in that age group are in some form of employment. That's almost one and a half million people.Felicity Hannah is joined by older workers to explore their finances, their struggles and their rights to challenge discrimination. She'll be joined by Dr Emily Andrews, Deputy Director for Work at the Centre for Aging Better, and Sarah Jackman, an employment lawyer at the law firm Dentons.Presented and Produced by Felicity Hannah Studio production: Amber Mehmood Editor: Sara Wadeson(First broadcast 3pm Wednesday 19th June, 2024)