The Coronavirus Effect
Money Box
BBC
4.2 • 825 Ratings
🗓️ 21 March 2020
⏱️ 25 minutes
🧾️ Download transcript
Summary
Money Box unpicks the Chancellor's announcement on support for wages and rents.
Investments have taken a massive hit over the last few weeks as the stock market has dived. We speak to one Money Box listener who thought his fund, which was nearing maturity, had been moved to a 'safer' account - only to discover it hadn't.
And the latest fraud statistics show that in 2019 fraud increased by 45%. We speak to Katy Worobec, Managing Director of Economic Crime at UK Finance, the collective voice of the banking industry.
Presenter: Paul Lewis Reporter: Dan Whitworth Researcher: Darin Graham Producer: Alex Lewis Editor: Emma Rippon
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're about to listen to a BBC podcast, but this is about something else you might enjoy. |
| 0:05.4 | My name's Katie Lecky and I'm an assistant commissioner for on demand music on BBC Sounds. |
| 0:10.8 | The BBC has an incredible musical heritage and culture and as a music lover, I love being part of that. |
| 0:17.5 | With music on sounds, we offer collections and mixes for everything, from workouts to |
| 0:22.4 | helping you nod off, boogie in your kitchen, or even just a moment of calm. And they're all put |
| 0:28.3 | together by people who know their stuff. So if you want some expertly curated music in your life, |
| 0:35.0 | check out BBC Sounds. |
| 0:41.3 | BBC Sounds, music, radio, podcasts. |
| 0:47.8 | Hello, in Moneybox today, as stock markets plummet around the world, young and old may be forced to take big losses and a warning that thieves are taking advantage of our fears and |
| 0:52.8 | isolation to target us with frauds. |
| 0:55.7 | But we start with those extraordinary measures announced by the Chancellor last night |
| 0:59.8 | to help individuals and businesses cope with the financial crisis caused by the coronavirus epidemic. |
| 1:06.0 | Many are left wondering how this will help them as businesses lay off staff. |
| 1:10.5 | One of them is Lauren, who's in Manchester. |
| 1:12.8 | Lauren, hello, you work in a pub, their clothing. |
| 1:15.8 | What's happening to your job, do you know? |
| 1:18.0 | Hi, yeah, I work in a pub in Manchester. |
| 1:21.3 | We've not really had much from the company yet. |
| 1:24.0 | Basically, as I said, yeah, we're not going to be working for the next couple weeks. |
| 1:28.9 | It looks like luckily we're not going to get laid off or anything like that. |
| 1:33.8 | Right. |
| 1:34.2 | Yeah, just got to be out of work for a bit. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.