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Money Box

Petrol Price Rises and NS&I

Money Box

BBC

Business

4.2825 Ratings

🗓️ 25 April 2026

⏱️ 25 minutes

🧾️ Download transcript

Summary

The cost of filling up your car has risen every day over the past three weeks as the conflict continues in the Middle East. Diesel is now averaging £1.78 per litre - a price last seen on Christmas Day 2022, 10 months after Russia invaded Ukraine. Petrol is up 17p and has just tipped over £1.50 per litre. Those figures are UK averages from the RAC. What can you do to bring down the cost?

The boss of government-backed bank NS&I has been replaced after a lost funds scandal, affecting thousands and delaying bereaved families’ access to relatives’ money.

Bosses from Capita apologise again as MPs question them about the long delays facing retired civil servants awaiting pension payments.

And if you're a regular Money Box listener we'd hope you to know your ISA from your IHT, but do you know the difference between your gross and net salary? Or how to work out how much interest you'd pay on a loan? A group of financial firms and charities is calling for the introduction of an exam which measures how much young people know about basic financial products and services. How might it work?

Presenter: Paul Lewis Reporters: Dan Whitworth, Bisi Adebayo and Luke Jarmyn Researcher: Jo Krasner Editor: Jess Quayle

(First broadcast at 12pm on Radio 4 on 28th March 2026)

Transcript

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0:00.0

BBC Sounds, Music, radio, podcasts.

0:07.0

Shall we get cracking?

0:08.7

You've got a BBC podcast coming up.

0:10.8

These were immensely popular.

0:13.0

But if you also like looking back,

0:14.7

then the BBC has loads of history podcasts to offer.

0:17.6

Proof that being a historian is a very exciting job.

0:19.7

Covering everything.

0:20.7

From epic events.

0:21.8

It was the year 1666. Two personal stories. It was an anxiety that people felt even in the ancient world.

0:27.9

So in future, for more history podcasts, free people making a free choice about what they wanted.

0:34.3

Search History on BBC Sounds.

0:38.2

Hello, welcome to this Moneybox podcast.

0:41.7

NS and I admits keeping nearly half a billion pounds in its coffers

0:45.8

that it should have given to the heirs of customers who had died.

0:50.3

Bosses from Capita apologise again, as MPs question them about the long delays facing retired civil servants still waiting for their pension.

1:00.1

And do you know your gross from your net salary? The call to teach 15-year-olds about money in real life.

1:07.2

But first, the cost of filling up your car has risen every day for the past three weeks, as the war in the Middle East continues.

1:14.7

A month on from the first bombardments, the average price of a litre of diesel has hit £1.78, a price last seen on Christmas Day, 2022, 10 months after Russia invaded Ukraine.

1:27.2

Petrol was about £1.32 a litre before the war began,

1:30.8

and it's just tipped over £1.50. Those figures are UK averages from the RAC,

1:36.0

and of course what you pay will depend where you live and who you buy it from.

...

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