Money Box

by BBC · · · · 153 subscribers

The latest news from the world of personal finance plus advice for those trying to make the most of their money.

The organisation charged by the government to provide debt advice says it expects the number of people in financial difficulties to soar by 60% as the economic crisis begins to hit home. By late 2021 it expects that eight million people will have not been able to pay at least three bills in a six month period. And there are growing concerns that people with severe debt are being exploited by firms selling Individual Voluntary Agreements - a formal debt solution to pay back debts - which the firms make money from. Saving, if you can afford it. With interest …

more...


Tags: paul lewis, saving, finance, business news, investing, money, loan, bbc, news & politics, business, vincent duggleby, news, mortgage

Older Episodes

How are you managing the costs of childcare during the pandemic?
The chancellor’s £30 billion giveaway, flight changes and mistakes with furlough payments.
Online lectures yet full tuition fees: Will the university experience be worth the money?
Loot box games aimed at children with odds of 0.01% of winning the jackpot prize
Bounce Back Loans July 1, 2020
The government-backed loans designed to give small firms quick and easy access to cash.
People whose holidays have been cancelled forced to pay to get their own money back.
MBL: Redundancy June 24, 2020
If you're facing redundancy, what are your rights? And how much pay should you get?
The devastating effect of having your identity stolen by criminals.
What’s the best way to get fast, reliable and affordable broadband during lockdown?
Most people are continuing to pay the same for car insurance despite driving less.
With savings rates low and stock markets volatile how do you get a return on your money?
'Unscrupulous' umbrella companies promoting schemes to reduce tax to key workers.
MBL: Single Parents June 3, 2020
Single parents talk about the financial challenges they face due to coronavirus.
SEISS, credit card gambling ban loophole and student maintenance loans.
MBL: Furlough problems May 27, 2020
Paul Lewis looks at the issues employees and employers are having with the furlough scheme
Festival goers refund woe, credit scores, pensioners losing out and mortgage holiday costs
Finding a mortgage or re-mortgage during Coronavirus.
Furlough scheme abuse May 16, 2020
What to do if your employer is abusing the furlough scheme.
Lots of people are starting a business from home during lockdown. How do you do it?