Money Box Live: The Autumn Budget 2017
Money Box
BBC
4.2 • 825 Ratings
🗓️ 23 November 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
What are the government's plans for tax and spending and how will they affect your personal finances? As the Chancellor delivers his second budget of the year, we're expecting measures to boost house-building and help young voters get on the property ladder. There may be a stamp duty holiday for first-time buyers or for pension-age homeowners wanting to downsize. Changes to pensions may be on the cards. What help might there be for savers and investors - and how will it be funded? Paul Lewis and a panel of experts assess the impact on the pound in your pocket. We'll meet the Marsden family from Oxfordshire, three generations living under the same roof - with an age range of 21 to 90 years old. How will the budget impact their lives?
Paul Lewis will be joined by:
Anita Monteith, Technical Manager at the Institute of Chartered Accountants in England and Wales Tom Selby, Senior Analyst at AJ Bell Iona Bain, Founder, Young Money blog
Presenter: Paul Lewis Producer: Sally Abrahams.
Transcript
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| 0:00.0 | In Northern Ireland, from the late 70s to the early 90s, the IRA killed over 40 alleged informers. |
| 0:08.0 | But the man who often found, tortured and sometimes killed these people on behalf of the IRA |
| 0:12.0 | was himself an informer, a secret British army agent with the codename Stakeknife. |
| 0:18.0 | Who gets to play God? And why me? Why my family? When lies are still being told to this day, |
| 0:24.0 | who do you believe? I wouldn't even know where to start and I'm with the IRA. |
| 0:28.5 | Steakknife. Listen first on BBC Sounds. This is the BBC. |
| 0:35.3 | Welcome to the download of Moneybox Live, the program about your money. |
| 0:39.2 | Today, the budget. |
| 0:41.4 | It's 21 years since we had a budget in November, |
| 0:44.7 | but this month is now its new home. |
| 0:46.9 | In March, there'll just be a spring statement. |
| 0:49.1 | So did Philip Hammond's second budget live up to such a momentous occasion? |
| 0:53.7 | Well, the Chancellor has surprised no one |
| 0:55.1 | with announcements about stamp duty land tax for first-time buyers or changes to universal credit, |
| 0:59.9 | but some other things were a bit less expected. And this week we've been talking to our |
| 1:03.7 | Moneybox family, the Marsdens, who live in Oxfordshire. Before today, before the announcements, |
| 1:09.5 | what were their concerns? |
| 1:17.0 | They always think that nurses work as a vocation, and it's not important, but clearly it is. |
| 1:21.2 | Not having a pay rise for the last seven years has had an impact. |
| 1:22.5 | Yeah, it's not so good. |
| 1:31.3 | I don't see myself ever being able to afford my own property, which is sad because my parents do and my grandmas have done. |
| 1:36.4 | And it seems like nowadays people just know that it's just not an option. |
... |
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