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The Future of Money and Universal Credit

As benefits claimants switch from older benefits to universal credit, we've got advice for those affected.

Money Box gets a special look at a new exhibition at the Bank of England Museum about the future of money. Paul Lewis picks up a gold bar, sees the new King Charles money, and finds out more about the consultation for a new digital pound.

The pensioners getting in touch to ask why they’re soon to start paying tax on their pensions. We'll discuss that with the Low Incomes Tax Reform Group.

And, there are calls this week for the government to slow down the speed at which its moving existing benefits claimants onto Universal Credit. The Child Poverty Action Group says it is seeing cases of people struggling to claim, or missing the deadline as they are unsure what’s required of them. The Department for Work and Pensions told us the vast majority of Tax Credit claimants have successfully moved to Universal Credit, and that there is a range of support available to help people move.

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

(First broadcast 12pm Saturday 2nd March 2024)

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25 minutes

Last on

Sun 3 Mar 2024 21:00

Broadcasts

  • Sat 2 Mar 2024 12:04
  • Sun 3 Mar 2024 21:00

The Death of Retirement

The Death of Retirement

Money Box explores what retirement might look like in the future,

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