Mansion House and Council Tax for Terminally Ill

Money Box

BBC

Business

4.2 • 804 Ratings

🗓️ 19 July 2025

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

It was a momentous day on Tuesday as the government and regulators announced major changes in the way investments will be sold. What's been proposed and what's the role of the regulator, the Financial Conduct Authority, in that?

Inflation rose to 3.6%, this week the highest it has been since January 2024 - what's behind that?

And two of the UK's leading end of life charities have told Money Box people given less than 12 months to live should not have to pay Council Tax before they die. The call from Marie Curie and Hospice UK comes just a few weeks after Manchester City Council became what's believed to be the first local authority in the UK to introduce such a scheme.

Presenter: Paul Lewis Reporters: Dan Whitworth and Jo Krasner Researcher: Eimear Devlin Editor: Jess Quayle

(First broadcast 12pm Saturday 19th July 2025)

Transcript

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0:34.8	Hello, welcome to this Moneybox podcast. Inflation rises to its highest since January
0:40.9	2024 and then it was falling. And charities that care for people at the end of their lives have
0:47.3	told this programme that people given less than 12 months to live should be excused from paying
0:52.9	council tax.
0:58.0	But first, it was a momentous day on Tuesday.
1:03.2	The government and regulators announced major changes in the way investments will be sold and consumers protected.
1:05.4	It culminated with the Chancellor's Mansion House speech to bankers and business leaders in the City of London.
1:12.2	For too long, we have presented investment in too negative a light.
1:16.9	Quick to warn people of the risks without giving proper weight to the benefits.
1:21.7	And our tangled system of financial advice and guidance has meant people cannot get the right
1:27.3	support to make the right
1:29.2	decisions for themselves. Earlier in the day, the Treasury and the regulator, the Financial Conduct
	...

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