meta_pixel
Tapesearch Logo
Log in
Money Box

Money Box Live: Behind Bars

Money Box

BBC

Business

4.2804 Ratings

🗓️ 29 July 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

In this special programme Money Box Live has been given exclusive access to a centre working with former prisoners to find out how money works behind bars.

There are around 98,000 people serving prison sentences in the UK right now, but how does money work on the inside and why do offenders even need it?

Felicity Hannah meets former prisoners working in the centre as they rebuild their lives. They talk about so-called 'bang up' pay, how much you can earn in prison, and the struggle some ex-offenders have getting basic financial products like a bank account on release.

Around one third of ex-offenders will go on to reoffend costing taxpayers £18 billion a year as well as causing great distress to victims. So, what role can financial security play in reducing that?

Felicity Hannah is joined by Andrea Coady, Head of Policy at Nacro, a social justice charity that works with offenders and Ana Caldeira, in charge of Finance, Benefit and Debt Services at the charity Catch 22, which provides money advice and support to ex-offenders.

Presenter: Felicity Hannah Producer: Sarah Rogers Editor: Jess Quayle

(This episode was first aired on Radio 4 at 3pm on Wednesday the 2nd of July 2025)

Transcript

Click on a timestamp to play from that location

0:00.0

BBC Sounds, Music, Radio, Podcasts.

0:04.8

Hello, on this Moneybox Live podcast, we're doing something a bit different.

0:08.9

We've been given special access to a centre working with former prisoners,

0:12.5

and we're finding out how money works behind bars,

0:15.7

from so-called bang-up pay to getting a job inside,

0:18.9

and how difficult it can be starting again on release.

0:22.4

I have been going to prison since I was a kid. Back then, you was not getting a job if you'd

0:26.7

been to prison. You get out of jail and you stuck. That was Naomi, who was in and out of prison

0:31.4

for drug offences. We'll hear more from her later in the podcast. We met Naomi at a residential

0:37.0

centre in Preston, run by the charity

0:39.2

recycling lives. It takes a small number of ex-offenders and gives them a place to stay,

0:44.8

training and support getting into work, and its re-offending rate is massively below the national

0:49.8

average. They gave Moneybox Live exclusive access to the centre and it started with a tour from

0:55.8

Matty. He's trying to rebuild his life after spending time in prison for offences that include

1:00.8

shoplifting and burglary.

1:02.9

Right, you love to press that button there.

1:05.3

That one there. So what's this? This is the communal area.

1:08.3

This is the kitchen and the living room. We all sit down and have us tea together at night. Who cooks? We all take turns. Are you a good cook? No. Absolutely useless. There's 10 rooms in all. 10 rooms altogether. So yeah, that's it. I mean, it's a really good setup, isn't it? It's everything you need. It's safe for you. Talk me through what it's like going to prison. You get processed through reception. Then you're going to a first night centre where they decide what wing you're going to go on. You might be on there for a week. It's an induction. You get a loan or a grocery pack, like a 20-pound loan. So you're getting into debt straight away. If you don't have any family and friends, you're knackered because you need money in jail, you do need money. And then you're thinking of other ways to make it. So you're really struggling. And it's hard. It's hard when you first go in there. You know, everything on the canteen's gone up.

2:02.4

You know, and a lot of people get into that in jail through it

2:05.0

because they're borrowing things and they can't pay it back.

2:08.8

That's where the violence comes in.

2:10.8

If you haven't got a job, you're on £2.50 bang up there

...

Transcript will be available on the free plan in 17 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.