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The Martin Lewis Podcast

Energy prices DOWN 12.3% - why are standing charges rising? Should you fix? And a car finance complaining update

The Martin Lewis Podcast

BBC

Business

4.4930 Ratings

🗓️ 29 February 2024

⏱️ 64 minutes

🧾️ Download transcript

Summary

On this week’s podcast Martin reacts to last week’s announcement that the energy price cap is going down, listeners TELL US about their financial lightbulb moments, and Martin also gives an update on what you need to do next if you’ve recently sent off a letter to reclaim car finance. Later in the pod, Martin shares his latest money-saving tips and Gethin Jones attempts Mastermind for the first time.

Transcript

Click on a timestamp to play from that location

0:00.0

BBC Sounds, Music, Radio, Podcasts.

0:04.6

Hello, I'm Martin Lewis, and this is the cunningly named The Martin Lewis Podcast.

0:09.9

I do wonder what that's going to be about.

0:12.1

Now, much of it comes from my BBC Radio 5 live show, and this week, Gathing Jones is sitting in for Nihal Arthaniaka.

0:19.3

But there's also bonus money saving tips

0:21.5

just for you lucky, lucky podcast listeners.

0:24.1

In today's pod, energy bills are to drop 12.3% from the 1st of April,

0:29.0

but why are standing charges still rising?

0:32.3

We also had a couple of great callers on when should you fix your energy bill.

0:36.3

And staggeringly, prepayment meters are going

0:39.6

to become cheaper than direct debit. So should you move to prepayment? Separately, I've got an

0:45.5

update on car finance misselling complaining. Many people saying to me, I've put my complaint in,

0:51.7

so what next? So we'll be talking about what next. And tell us on

0:57.3

financial light bulb moments, have you had a dawning realisation that you need to change the way

1:03.0

you behave? Lots of people have from debt to savings or divorce, some fascinating ones.

1:08.7

And Gethyn has his first go at My Money Mastermind.

1:13.0

This week on how much parents need to give their kids to go to university.

1:18.4

Play the theme tune.

1:22.1

I got meals.

1:24.7

I got to pay.

1:26.6

Someone going to work for a world So I'm going to work for it.

1:29.3

I got to feed.

...

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