Well fair bill?

Wake Up to Money

BBC

Business

4.4 • 754 Ratings

🗓️ 1 July 2025

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

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Summary

As MPs prepare to vote on the revised welfare bill, we delve into what it means. Sean Farrington also has the latest on the Lindsey oil refinery in Lincolnshire after its owner went into administration. And we look at how live music in brought in 23.5 million music tourists across the country last year, as artists played sold-out shows - resulting in a cash boom to the economy.

Transcript

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0:00.0	Hello, podcast fan.
0:03.0	Consider this your invite to the UK's biggest podcasting party.
0:06.7	We're heading to Sheffield from the 4th to the 6th of July
0:09.0	for the BBC Sounds Fringe at the Crossed Wires Festival.
0:12.8	We'll be joined by some of the biggest names in podcasting,
0:15.3	including Sarah Cox, Charlie Hedges, Russell Kane,
0:18.4	and some bloke called Greg James doing his Radio 4 show called Rewinder.
0:23.2	You can watch live shows of your favourite podcasts, and the best part is free.
0:28.1	To book your free tickets, go to crossedwires.org slash fringe.
0:34.1	BBC Sounds, music, radio, podcasts.
0:38.3	Wake Up to Money from BBC 5 Live.
0:41.4	Hello, welcome, it is Wake Up to Money coming up on the show this morning.
0:46.4	No existing claimants will lose PIP because of the changes brought forward in this bill.
0:52.6	MPs will vote later today on the government's revised welfare bill.
0:57.5	That was the work in pension secretary Liz Kendall, who's faced a barrage of questions
1:01.4	from MPs in the Commons.
1:03.3	We'll discuss the money behind it, which way it's likely to go as well.
1:08.2	Also this morning, the owner of Lindsay Oil Refinery in Lincolnshire,
1:12.1	gone into administration. What will happen to the hundreds of people who work there,
1:16.0	hundreds more in the supply chain, the production from that refinery as well? And the new
1:20.9	energy price cap comes into force today. We're going to hear how that typical bill will be
1:24.7	7% cheaper over the next few months. We'll bring you all the details on that.
	...

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