Money Box

This discussion dives into the complex world of side hustles and passion projects, revealing how many Gen Zs are pursuing creative careers alongside day jobs. Hear insights from an Olympian, a comic book writer, and a DJ navigating zero-hour contracts. Explore the balancing act between financial realities and artistic dreams, and the sacrifices needed to chase success. From funding options to navigating employment contracts, this episode highlights the resilience and determination needed to turn dreams into reality.

Nearly 10,000 people have needed free debt advice because of accidental overpayments by the Department for Work and Pensions in the past 12 months. That's according to figures from Money Wellness, a debt advice company which is funded by the government's Money and Pension Service. It says because most of its clients are low income households these debts can have significant knock-on impacts on the rest of their finances. The DWP says its staff work hard to support customers, and it's important to explore ways to reduce fraud and error so it can support the most vulnerable in society. What will the new Pensions Bill announced by the Labour government in the King's Speech mean for your finances? We'll discuss plans to bring small pension pots, which people get after short term jobs, together.Campaigners are calling for bereavement support payments to be extended for longer and for the amount given to families to rise with inflation. At the moment parents under pension age whose partner dies are entitled to bereavement benefits - as much £3,500 followed by 18 monthly payments of up to £350. The charity Widowed and Young would like those payments to be in place for longer. The Department for Work and Pensions told us that it knows losing a loved one is devastating and that it's committed to supporting those most in need through the welfare system. And what's the best way to pay while you’re on holiday abroad?Presenter: Paul Lewis Reporters: Dan Whitworth, Sarah Rogers and Jo Krasner Researchers: Immie Rhodes Editor: Jess Quayle(First broadcast 12pm Saturday 27th July 2024)

Felicity Hannah looks at giving someone Lasting Power of Attorney - that's the authority to manage your financial affairs in the event that you couldn't. What are they, how do they work and how much do they cost? This programme is dedicated to answering your questions. On the panel we have Sam Cox, knowledge officer from the Alzheimer's Society and Melinda Giles, partner and head of court protection at Giles Wilson Law.Presenter: Felicity Hannah Producer: Neil Morrow Editor: Jess Quayle(First broadcast 3pm Wednesday 24th July 2024)

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.