Money Box

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Factual: Money

The latest news from the world of personal finance

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

BBC Radio 4 LW

Money Box: Access to accounts

31/07/2021

Access to accounts

BBC Radio 4 - Money Box, Access to accounts

The customers taking legal action to get access to their cash.

How to tame aggressive debt collectors, and the customers taking legal action to get access to their cash.

A new plan has been brokered to cut down on aggressive debt collection by bailiffs. Will it work amidst fears of a post-pandemic surge in debt problems?

Tesco and M&S are both closing all the personal currents accounts they operate. What does this say about the role of supermarkets as financial institutions, and what should you do if you’re affected?   

Digital current account provider Pockit says it’s had to freeze around 1,000 accounts due to suspicious activity reports. A number of those customers say they are taking legal action to get access to their cash.

And how can a pension fund you have paid into disappear as charges erode its value.?

GUESTS:
Joe Shalam - head of the Financial Inclusion Policy Unit at the Centre for Social Justice
Peter Hahn - Emeritus professor at the London Institute of Banking & Finance
Helen Saxon – banking editor at MoneySavingExpert 
Gina Miller – founder of the True and Fair Campaign 

Presenter: Paul Lewis
Reporter: Dan Whitworth
Production Co-ordinator: Janet Staples
Researcher: Sowda Ali
Producer: Joe Kent
Editor: Alex Lewis

Intelligent speech, the most insightful journalism, the wittiest comedy, the most fascinating features and the most compelling drama and readings anywhere in UK radio.

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