4.1 • 650 Ratings
🗓️ 12 October 2018
⏱️ 40 minutes
🧾️ Download transcript
This week, This is Money launched another campaign - and we have the private car parking sharks and the DVLA in our sights.
We talk about the horrific cases of drivers being fined and penalised we have received from readers and listeners so far, ask how the DVLA is able to sell our details on without permission and what can be done about the menace – along with what we want changed.
Elsewhere, editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost talk about Dave and Marcus.
The latter is the Goldman Sachs backed offshoot offering savers 1.5 per cent interest – and has seen 50,000 people sign-up.
The former is Dave Fishwick, who has gone on a crowdfunding drive this week to try and raise up to £7million to help get his Burnley Savings and Loans venture a banking licence.
We also discuss Isas. We reveal why they are so good, why they should be part of most people's financial planning and how to become an Isa millionaire.
Enjoy.
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0:00.0 | Welcome to This Is Money podcast in partnership with NS&I. |
0:04.0 | I'm your host Georgie Frost and alongside editor Simon Lambert and I today is Assistant Editor Lee Boyce. |
0:10.0 | And coming up, Simon and the team are on something of a role as a new campaign is launched. |
0:15.0 | This time they have private parking sharks and the DVLA in their sites. |
0:24.3 | Also, we have more from the banks of Marcus and of Dave, |
0:28.5 | and we look at the seven steps to becoming an ICA millionaire. |
0:29.5 | Don't forget you step today. |
0:31.0 | With all the latest breaking money news, |
0:35.3 | just go to thisismoney.co.uk or download the app. |
0:42.3 | This is Money, brought to you in partnership with NS&I, where safer savings set you free. |
0:50.6 | But first, as many as 8 million parking tickets are issued each year in the UK, but only a fraction are contested. |
0:54.0 | That's despite strong evidence that you could actually beat your fine. Now, as many as |
0:54.7 | 65% of appeals for penalty charge notices to give them their proper term are upheld and the fines |
1:01.4 | are then withdrawn. Many appeals aren't even contested by local councils. Now, what's worse, |
1:07.0 | as this as money have revealed in the past past is that your details are routinely sold by the |
1:11.7 | DVLA to the private companies for as little as £2.50 a vehicle and that generates around |
1:17.9 | 1.5 million in revenue per month for the DVLA. So enough is enough, said this is money and |
1:25.8 | a new campaign is launched. |
1:28.7 | Lee, I'm going to come to you because it wasn't too long ago, a podcast past, |
1:32.6 | that you got a wee bee in your bonnet after you were given a parking fine, |
1:38.4 | and you fought it, and you won Lee. |
1:42.5 | Yes, that's right, Georgie. |
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