Money Box

Original version

BBC Radio 4 FM

BBC Radio 4 is a radio channel that started transmitting on the 30th September 1967. It replaced BBC Home Service.

BBC Radio 4

Radio 4

Radio 4 (FM)

Discussion & Talk

Podcasts

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: Energy debt and Pension Withdrawals

14/10/2023

Energy debt and Pension Withdrawals

BBC Radio 4 - Money Box, Energy debt and Pension Withdrawals

Ofgem says energy debts reached £2.6 billion in the summer.

One of the UK's biggest energy suppliers reacts to the latest figures showing energy debt reached £2.6 billion in the summer.

This week, the energy watchdog Ofgem released data showing energy debts reached £2.6 billion between April and June.  It says the rise in debt was due to both the increase in wholesale energy prices and wider cost of living pressures.  We'll get reaction to that figure from Octopus Energy, one of the UK's biggest suppliers.

More and more people are taking money out of their private pensions.  Between April and June, 4 billion pounds was withdrawn from pensions by more than 500,000 people - 15% more than a year ago.   What should you consider before you take money out of your pension?  

And, two weeks before the deadline to get your paper tax return in, HMRC says it will take three weeks to post the form to you.  What are your options if you still need to send one?

Presenter: Paul Lewis
Reporter: Dan Whitworth
Researchers: Sandra Hardial and Jo Krasner
Editor: Jess Quayle

(First broadcast, 12pm Saturday 14th October, 2023)

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

Accessibility links

Programme Index

Money Box

Energy debt and Pension Withdrawals

Genres

Brand

BBC Radio 4 FM

About BBC Radio 4