Energy, employee rights and mortgages

Money Box

BBC

Business

4.2 • 804 Ratings

🗓️ 5 February 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

A 54% increase in the energy price cap means a huge rise in what your provider can charge you to heat your home, keep the lights on and cook your food. The UK Government’s stepped in to help – many households will get several hundred pounds to lessen the bill shock. But what are the details about who exactly gets that money and how people can access it, what about households on low incomes and how does help vary across the UK? We put listener questions to a panel of experts to find out.

A Court of Appeal judgement has huge implications for the plumber who is now owed £74,000 in holiday pay after the court agreed he was an employee as opposed to being a self-employed worker. But beyond one person being showered with money what are the wider implications for workers’ rights? We examine this case, where it might go from here and what it means for other people in similar situations.

And as Britain’s biggest bank offers one of the lowest rates around for a 10-year fixed-rate mortgage we examine the state of the mortgage market.

Presenter: Paul Lewis Reporter: Chris Flynn Producer: Dan Whitworth Researcher: Sandra Hardial Editor: Emma Rippon

Transcript

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0:00.0	You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one.
0:06.5	I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds.
0:11.2	I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects,
0:16.0	relationships, identity, comedy, even one that mixes poetry, music and inner city life.
0:22.4	So one day I'll be helping host develop their ideas, the next fact-checking, a feature,
0:28.3	and the next looking at how a podcast connects with its audience, and maybe that's you.
0:33.6	So if you like this podcast, check out some others on BBC Sounds.
0:39.5	BBC Sounds, music, radio, podcasts.
0:43.3	Before you get stuck into this episode, I want to tell you about some changes we're making
0:47.5	to where you can find this podcast.
0:49.9	From next month, you can hear Moneybox 28 days before anyone else for free on BBC Sounds.
0:56.7	If you haven't already, you can download the BBC Sounds app to listen to Moneybox first.
1:01.3	It's easy.
1:02.4	Once you're there, you'll find even more podcasts that are available on sounds before anywhere else.
1:07.3	Live BBC Radio and exclusive music mixes.
1:14.0	Just search for Moneybox, subscribe, and you'll get brand new episodes in the My Sound section of the app when they're ready. I told you it was easy.
1:19.4	Now, let's get back to the podcast. Who could resist? Hello, welcome to this Moneybox podcast.
1:26.3	The Court of Appeal backs a plumber's claim for 74,000 pounds, no, not for fixing a leak, but for six years holiday pay. You can get paid by HMRC for working at home. We explain how to claim. And as interest rates rise, again, would you, should you, can you fix your mortgage for 10 years?
1:47.2	But first, heating and lighting our homes, cooking, running all those gadgets we love, is going to cost us a great deal more.
1:54.3	That's because the amount energy firms are allowed to charge the vast majority of domestic customers in Britain will rise by more than half from April.
2:02.6	That will push up the cost of a typical dual fuel bill by £700 to nearly £2,000 a year.
2:09.5	Our reporter Chris Flynn is here. Chris, how many people will this affect?
	...

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