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Money Box

Heating Oil Guide and Banknotes

Money Box

BBC

Business

4.2825 Ratings

🗓️ 18 April 2026

⏱️ 26 minutes

🧾️ Download transcript

Summary

The government has promised more than £52mn to help people in the UK hit by huge rises in the price of heating oil. Around 1.5 million households in rural areas and particularly in Northern Ireland rely on heating oil for their central heating and the price has more than doubled since the Middle East conflict began. The help will be targeted at vulnerable households but how will it work in practice?

As the Bank of England decides to hold rates at 3.75%, figures show almost 1,000 mortgage deals have disappeared off the market since the start of last week.

How do thieves persuade sensible people to part with thousands of pounds? It's a question many of you have been asking, especially after the item on the programme a fortnight ago about civil servant Sara. She put $250 into what she thought was a cryptocurrency investment but ended up having £337,000 stolen. We'll ask a criminologist about the tricks and tactics that thieves use.

And, which animal did you decide should be on the Bank of England's new banknotes?

Presenter: Paul Lewis Reporter: Sarah Rogers and Jo Krasner Researcher: Luke Jarmyn Editor: Jess Quayle Senior News Editor: Sara Wadeson

(First broadcast 12pm Saturday 21st March 2026)

Transcript

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0:00.0

BBC Sounds, Music, radio, podcasts.

0:07.4

I'm Dilley Carter and I love organising.

0:11.6

In my brand new podcast, sort your life out, unpacked, celebrity guests join me to unbox three revealing items from their home.

0:18.7

Oh, wow. I wasn't expecting this. Along the way, I'll be

0:22.8

given you practical hacks to help you declutter your life as well. This is the tough love I need.

0:27.4

Don't hold back. I'm definitely tucking you with me back to my house. Sort your life out,

0:32.6

unpacked. Watch on eye player, listen on BBC Sounds. Hello, welcome to this Moneybox podcast.

0:39.5

More than £50 million is to be given to people who heat their homes with heating oil

0:43.9

after the price more than doubled in three weeks.

0:46.5

But who will get the cash and how much?

0:49.4

How do thieves fool people into investing in their fake schemes?

0:53.7

And forget the tortoise and the hare,

0:56.4

neither won the Moneybox race to be on our banknotes. But first, almost 700 mortgage deals

1:03.5

have been pulled by lenders since the Bank of England changed course on Thursday and decided

1:08.8

not to cut interest rates as expected.

1:11.6

The new figures shared exclusively with Moneybox this morning also show that around one in five

1:16.7

mortgage products have been pulled since the war in the Middle East began.

1:20.8

I'll live now to talk to Adam French from the financial data company, Money Facts.

1:25.1

Adam French, more than 1,400 mortgage products pulled. Have you ever seen

1:29.0

anything like this before? It's pretty striking, isn't it? Now, we have seen worse happen in the

1:35.5

aftermath of the mini budget in 2022 when there were far fewer mortgage products on the market to

1:42.0

begin with. We lost around a quarter of the market in a single day then And what was driving that was a little bit different. So then we saw that

...

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