4.2 • 804 Ratings
🗓️ 3 April 2024
⏱️ 29 minutes
🧾️ Download transcript
As Chancellor Jeremy Hunt presents his Spring Budget, Money Box Live sifts through the details - and the impact on all our finances.
Expectations included a 2p cut in National Insurance contributions but will that look like on your payslip? Money Box reporter Dan Whitworth answers those key questions.
Felicity Hannah is joined by Sarah Coles, Head of Personal Finance at Hargreaves Lansdown; Simon Gammon, Managing Partner at the mortgage broker Knight Frank Finance, and Dawn Register, Tax Partner at the accountancy firm BDO.
Presenter: Felicity Hannah Producers: Craig Henderson, and Kath Paddison Reporter: Dan Whitworth Researcher: Eimear Devlin Editor: Sarah Rogers
(This episode was first aired on Wednesday the 6th of March at 3pm on Radio 4)
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0:43.3 | Hello, well, after weeks of speculation, this Moneybox Live podcast can finally ditch the budget rumours and deal with the facts. |
0:51.4 | The Chancellor Jeremy Hunt has opened the famous or maybe infamous red |
0:55.4 | briefcase and set out the government's spending plans. Now, this is almost certainly an election |
1:00.8 | year, making this an incredibly political budget. But here at the Moneybox Live podcast, we are |
1:06.2 | focusing on what the announcements mean for your finances. Here's what the Chancellor had to say to working taxpayers. |
1:13.4 | From April the 6th, employee national insurance will be cut by another 2P. |
1:19.5 | And for some parents? |
1:21.1 | I confirm that from this April, the high-income child benefit charge threshold |
1:26.7 | will be raised from 50,000 to 60,000 pounds. |
1:31.1 | And for those really struggling with the cost of living, an extension of the household support fund. |
1:36.6 | Now is not the time to stop the targeted help it offers. We will therefore continue it at current |
1:42.4 | levels for another six months. Well, that's just a few |
1:45.5 | clips. He spoke for more than an hour. So what does what he said mean for your money? Now, before we |
1:51.2 | unpack the Chancellor's briefcase full of announcements, how are people feeling? And what did they |
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