Why can't I get an NI number?

Money Box

BBC

Business

4.2 • 804 Ratings

🗓️ 17 October 2020

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Money Box has learnt that thousands of people with the right to work in the UK have not been able to access a National Insurance number. Without one they may not be able to work, open a high street bank account or claim benefits.

The Bank of England has written to lenders to find out whether they are ready for a zero or even a negative Bank Rate. How likely is it and what will that mean for our savings, mortgages, and other debts?

And the life insurance policy that wouldn’t pay out when a terminally ill man needed the help.

Presenter: Paul Lewis Reporter: Dan Whitworth Producer: Alex Lewis Editor: Emma Rippon

Transcript

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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.
0:41.2	BBC Sounds, music, radio, podcasts.
0:45.1	Hello, this is Alex Lewis, serious producer on Moneybox.
0:53.4	Just before I hand over to Paul, the rest of the team and I wanted to let you know we've got a special little surprise for him towards the end of the podcast.
0:55.5	Stay tuned if you want to listen.
0:58.3	Now, as I was saying, here's Paul.
1:05.1	Hello, I'm Paul Lewis and welcome to this Moneybox podcast. Will interest rates really sink so far?
1:10.1	They become negative. If so, what would that mean for our savings and mortgages?
1:15.0	Banks are warned over how they close expats, UK accounts,
1:18.0	and the life insurance policy that wouldn't pay out just when a terminally ill customer needed the help.
1:21.6	But first, people from the EU and others with the right to work in the UK
1:25.8	who moved here since last March haven't been
1:28.3	able to get a national insurance number because the government has stopped issuing them.
1:32.5	You are not able to make a national insurance number application at this time.
1:37.8	We will update to www.gov.uk when applications can be made again.
1:43.3	The government stopped processing applications for NI numbers seven months ago
	...

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