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Money Box

Money Box Live: How to Handle Debt

Money Box

BBC

Business

4.2825 Ratings

🗓️ 4 October 2023

⏱️ 29 minutes

🧾️ Download transcript

Summary

15 million adults in the UK feel financially insecure as a result of the rising cost of living. And almost 1 in 10 say they have debt they don’t know how they will repay – that’s according to the charity Christians Against Poverty.

Felicity Hannah and a panel of experts answer your questions on everything debt related - from the cost of childcare, bankruptcy and support if you have been the victim of financial abuse.

Featuring, Alice Haine, Personal Finance Analyst at Bestinvest and Richard Lane from the debt charity StepChange.

Presenter: Felicity Hannah Producer: Sarah Rogers Researcher: Luke Smithurst Editor: Jess Quayle

(First broadcast 3pm, Wednesday 6th September, 2023)

Transcript

Click on a timestamp to play from that location

0:00.0

On a winter's night in 1974, a crime took place that would obsess the nation.

0:07.0

It was an extraordinary news story.

0:09.0

The story of an aristocrat, Lord Lucan, who's said to have killed the family Nanny,

0:14.0

mistaking her for his wife, then somehow just disappeared.

0:18.0

One of the great mysteries in English criminal history. We're still looking for Lucan.

0:22.1

It's honestly one of the most powerful stories of my lifetime.

0:26.0

I'm Alex von Tundselman.

0:27.4

This is The Lucan Obsession.

0:29.2

Listen on BBC Sounds.

0:32.7

BBC Sounds, music, radio, podcasts.

0:36.7

Hello, I'm very pleased to be back after our summer break with the new Moneybox Live season.

0:41.7

Thanks for downloading the podcast.

0:43.8

The sun may have finally come out, but across the UK, a huge number of people are living under the cloud of problem debt.

0:51.5

And as we head into autumn, those clouds are gathering for even more households.

0:56.0

15 million adults in the UK say they feel financially insecure as a result of the rising cost of living.

1:02.6

And almost one in 10, say they have debt, they don't know how they'll repay. That's according to the charity, Christians against poverty.

1:09.8

Even the school holidays can be a pressure,

1:12.1

as these people in Rochdale have been telling us.

1:14.4

Yeah, I've been struggling through the six-week holidays

1:16.5

and behind on my bills and stuff like that, you know,

1:19.0

manage that you've got to, do you pay that bill?

1:21.2

Do you pay that bill?

...

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