Scottish Budget, Core Maths and Christmas Winners

Money Box

BBC

Business

4.2 • 804 Ratings

🗓️ 20 January 2024

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Higher earners in Scotland are to pay more income tax from April. That was one of the headlines from the Scottish government in its budget on Tuesday. We'll discuss that change and more with Professor Mairi Spowage, director of the Fraser of Allander Institute at the University of Strathclyde.

Tens of thousands of teenagers could benefit from studying the subject of core maths once they turn 16. That's according to the charity Maths in Education and Industry. The course was launched in 2014 and currently has around 12,000 teenagers studying it in around 30 per cent of schools across England. However, the MEI says it's vital to get as many students as possible signed up.

We have our top three Christmas crackers – tips to save you money in 2024. We also revisit some of the people we've helped this year.

Plus, festive music from the City of Lincoln Band.

Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Sandra Hardial and Jo Krasner Editor: Jess Quayle

(First broadcast 12pm Saturday 23rd December 2023)

Transcript

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0:00.0	You are about to listen to a BBC podcast and I'd like to tell you a bit about what goes into making one.
0:06.5	I'm Sadata Sese, an assistant commissioner of podcasts for BBC Sounds.
0:11.2	I pull a lot of levers to support a diverse range of podcasts on all sorts of subjects,
0:16.0	relationships, identity, comedy, even one that mixes poetry, music and inner city life.
0:22.4	So one day I'll be helping host develop their ideas, the next fact-checking, a feature,
0:28.3	and the next looking at how a podcast connects with its audience, and maybe that's you.
0:33.6	So if you like this podcast, check out some others on BBC Sounds.
0:39.5	BBC Sounds, music, radio podcasts.
0:43.2	Hello, welcome to this Christmassy Moneybox podcast.
0:46.9	Our top three Christmas crackers, tips to save you money in 2024.
0:51.4	We talked to some school students who are getting a brilliant gift from their teachers
0:55.4	understanding the real-life maths of personal finance. A quick look back at some notable successes
1:01.7	for some of our listeners in the past year, and it wouldn't be Christmas without some festive
1:06.7	music.
1:23.3	That was just a taste of the city of Lincoln band, who we first heard on the Moneybox podcast in April when we visited that city.
1:26.1	More later.
1:27.1	But first, away from Christmas jollity, higher earners in Scotland are to pay more income tax from April.
1:33.8	That was one of the headlines from the Scottish Government in its budget on Tuesday.
1:38.1	Here's what Finance Secretary Shona Robison told the Scottish Parliament in her budget speech.
1:44.0	This government does believe that those with the broadest shoulders should pay a higher rate of tax.
1:49.0	And to be clear, by the broadest shoulders I mean the top earning taxpayers.
1:53.0	We will therefore add a new income tax band to the Scottish system, the advanced rate,
	...

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