Money BoxAuthor: BBC Radio 4
23 Feb 2019

Money Box

Download, listen or watch all podcasts

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

  • Listen

    The economics of being an author

    So you want to be an author? Plotting and characterisation are all very well, but can you make any money? Is it realistic to hope for a career as a writer? How much could you expect to earn if your book is published? The UK book market is booming. Last year almost 200m printed books were sold, the fourth consecutive year that sales have risen. But beneath the superstar authors earning fortunes, some writers barely make a living. On average a full-time author earns just over £10,000 a year. We'll hear from literary agent Karolina Sutton from Curtis Brown. She looks after authors such as Margaret Attwood and Malala Yousafzai. We'll also hear from thriller writer Mark Dawson, who has become a very successful self-publisher. They'll be answering your questions on whether traditional publishing or DIY is the financially savvy way to go. We'll also hear from author Ros Barber on how much writers earn when they receive an advance or you buy their book in a shop or online. And from comic murder mystery writer Stevyn Colgan who uses both traditional publishing and self-publishing to get his books to his readers. We'll also hear your questions or comments - whether you're an established or aspiring writer, or still considering whether to try it - via our email address moneybox@bbc.co.uk - or by calling 03 700 100 444. (Geographic charges from mobiles and landlines apply.) Presenter: Louise Cooper Producer: Paul Waters

  • Posted on 20 Feb 2019

    download
  • Listen

    Banks want to delay fraud prevention name check

    Confirmation of payee is a fraud prevention system which would allow banks and customers to check names alongside account and sort code details to ensure that transferred money goes to the right person. The Payment Systems Regulator wanted it to start in July. This week UK Finance, which represents banks, said it needed a delay until "some time next year." Guest Gareth Shaw, Head of Money, Which? Money Box reporter Dan Whitworth takes a forensic look at the accounts of companies linked to London Capital and Finance plc. The company is in administration, leaving 11,000 investors worried about what's happened to their cash. Guest Roger Isaacs, Forensic Partner at Milsted Langdon Megan Jarvie, Head of Coram Family and Childcare discusses the latest figures for tax-free childcare which show that 91,000 families used it for 109,000 children. Figures released this week revealed that 10 million people are now saving into a workplace pension. Some of those workers are non-tax payers and have been placed by employers in net pay arrangement schemes where pension contributions are collected before income tax. It means they don't get the tax relief on their pension contributions that they would get if they were in another scheme known as a relief at source, where contributions are collected after income tax. Guest: Meredith McCammond, Technical Officer for the Low Incomes Tax Reform Group. Presenter: Paul Lewis Reporter: Dan Whitworth Producer: Charmaine Cozier Editor: Richard Vadon

  • Posted on 16 Feb 2019

    download
  • Listen

    Open Banking one year on

    So where are we with the promised Open Banking revolution? A little over a year ago we were teetering on the edge of radical reform after new rules meant that customers could give permission for their bank to share details of their current account with other banks and regulated companies. The plan was that by studying your spending and income details firms will be able to offer you financial products, give you a credit rating, or suggest ways to save money. What are you experiences? From 1pm on Wednesday 13th February you can call 03 700 100 444 or email anytime: moneybox@bbc.co.uk. Joining Paul Lewis on the panel this week: Imran Gulamhuseinwala, Implementation Trustee for Open Banking Ltd Pamela Meadows, payments expert from the Financial Services Consumer Panel. Freddy Kelly, founder Credit Kudos. Presenter: Paul Lewis Producer: Alex Lewis Editor: Jasper Corbett

  • Posted on 13 Feb 2019

    download
  • Listen

    Ofgem raises energy cap

    From April millions of households on default energy tariffs and who have not switched suppliers will see a rise in their bills after regulator Ofgem raised caps for gas and electricity. The first cap was introduced in January as a measure to ensure customers paid fairer prices. Guest Jo Butlin, Chief Executive of EnergyBridge Consulting and an expert in how the energy industry works in the UK. This week the Housing, Communities and Local Government Select Committee held its final evidence session on leasehold reform. Founder and Chief Executive of the HomeOwners Alliance Paula Higgins debates the issues with David O'Leary, Policy Director with the Home Builders Federation. What happens to state and private pensions post-Brexit? James Walsh, from the Pensions and Lifetime Savings Association, where he focuses on the EU, guides us through what's certain and what's uncertain. There are now more mortgage products than ever before for older borrowers, what’s attracting lenders to them? Guest: Darren Cook, Mortgage Analytics Manager at moneyfacts.co.uk Presenter: Paul Lewis Producer: Charmaine Cozier Editor: Richard Vadon

  • Posted on 09 Feb 2019

    download
  • Listen

    Universal Basic Income - Can it work?

    How would you like to receive a set income from the state without conditions? It's an idea which is gaining world wide attention with pilot schemes in Finland, Canada and Spain to name a few. In Scotland ministers have awarded funding to four local authorities to undertake feasibility studies with a view to holding a pilot. Adam Shaw and a guest panel discuss the theory behind the idea and examine how if it could ever work in practice. How have the trials worked in different countries? Is a universal basic income a useful way of thinking about wealth redistribution or is it just an unaffordable utopian dream? From 1pm Wednesday 6th February you can call us on 03 700 100 444 or email us at any time: moneybbc@bbc.co.uk. Joining Adam on the panel: Jamie Cooke, Head of Royal Society for the encouragement of Arts, Manufactures and Commerce Scotland Dr Louise Haagh, author of The Case for Universal Basic Income and a Reader in Politics at the University of York Dr Luke Martinelli, the main researcher on the Institute for Policy Research’s basic income research project at Bath University Producer: Linda Walker Presenter: Adam Shaw Editor: Jasper Corbett

  • Posted on 06 Feb 2019

    download

Follow Playlisto