Can the Tories really fix student loans, housebuilding and energy bills?

This is Money Podcast

This is Money

Business News, Business, Investing, News

4.1 • 650 Ratings

🗓️ 6 October 2017

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Forget coughing fits, pranksters and tumbling letters for a minute. Along with a car crash speech for Theresa May, the Tory party conference also brought a few policies that might make a difference to our financial lives. Student fees, housebuilding and an energy price cap all came up on the agenda. But was this just tinkering around the edges, or a solid plan to improve three highly controversial areas? Last week, the This is Money Podcast asked what Labour would do to the UK economy and your finances, so this week it seems only fair to ask the question of the Conservatives. Listen to the podcast to join Simon Lambert, Laura Whitcombe and Georgie Frost on a tour through those Tory policies – and whether they have any chance of working – alongside the rest of the money news you need to know about this week. Also on the agenda this week, we talk pensions, discussing why a reader’s state pension has been cut even for the years they were contracted in and whether we need to be worried about final salary schemes paying out what they are meant to. 'Open banking' and whether banks should be allowed to scan your spending habits to then alert you to better deals is also discussed, along with the things you should avoid doing to your home if you ever want to sell it. And finally, in some breaking news we bring you the information you’ve all been waiting for. How much did the top new £10 note sell for at the Bank of England auction? Was it £700, £3,400, or £7,200?

Enjoy.

Transcript

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0:00.0	Welcome to the This Is Money podcast in partnership with NS&I, your weekly roundup of the top personal finance, consumer and business stories that Editors of Simon Lambert and his team have been covering on their award-winning website. I'm your host, Georgie Frost, alongside Simon Nye is Knowledge and Product Editor Laura Wickham. And coming up today, not much could have overshadowed the biggest ever
0:21.8	peacetime repatriation after the collapse of Monarch Airlines this week, left over 100,000 people
0:27.0	abroad. But Theresa May managed it and not in a good way.
0:36.5	Between the pranksters, falling letters, coughing fits,
0:41.1	you may not have actually caught the content of the Prime Minister's speech,
0:44.9	but in there was a price cap on rip-off energy bills,
0:48.1	investment in help to buy and a freeze on university tuition fees.
0:52.3	So we'll run the rule over the proposals. Also warnings
0:55.8	that millions of workers with final salary schemes have just a 50-50 chance of getting
1:00.3	a full payout, more anger over the new flat rate pension and why everyone should know what
1:06.1	open banking is. Plus, we tell you the biggest turnoffs for prospective home buyers and just how
1:12.0	much is a tenor worth. Well, a heck of a lot. All that and plenty more coming up. Don't
1:16.9	forget and stay up to date. With all the latest breaking money news, just go to this ismoney.com
1:21.3	dot UK or download the app.
1:26.1	This is Money. Brought to you in partnership with NS and I, giving you 100% security backed by HM Treasury.
1:36.8	Up first.
1:38.8	Get out!
1:39.6	Get out!
1:41.1	Out!
1:42.0	Come!
1:42.8	Get out!
1:43.3	Out! Out! Come! Get out!
	...

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