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Money Box

Winter Fuel Help and Young Homeowners

Money Box

BBC

Business

4.2804 Ratings

🗓️ 11 January 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Some councils in England are offering vouchers or money directly to pensioners who've lost out on the Winter Fuel Payment this year. The money is being offered as part of the Household Support Fund, which is money given by the government to local councils to use to help residents who're struggling with essential bills, like energy and food costs. Winter Fuel Payment can be £200 or £300, but this year it's means tested, meaning millions of people will no longer get it. Money Box has found that some pensioners may still be able to get help with their energy bills via their council, if they've just missed on qualifying but are still struggling. The government says over a million pensioners will still receive the Winter Fuel Payment and that its drive to boost Pension Credit take up has seen applications more than double with over 40,000 more pensioners now receiving it.

The law relating to how couples split their assets and provide for each other and any children after divorce was last changed in England and Wales more than fifty years ago. On Wednesday the Law Commission which advises the government on how well laws are working will publish its findings on whether the current rules deliver fair and consistent outcomes. If it finds problems it will make suggestions for how they might be solved. We'll discuss what those options might be.

And, we often talk about how hard it is for young people to afford buy their first home - but how easy is to manage finances once you get on the property ladder?

Presenter: Paul Lewis Reporter: Dan Whitworth Researchers: Emma Smith and Jo Krasner

(First broadcast 12noon Saturday 14th December 2024)

Transcript

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0:00.0

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And when you've watched Claudia in the castle, join me, Ed Gamble, for the official visualised companion podcast.

0:13.7

And remember, I'll be listening.

0:15.9

Okay?

0:16.7

No, seriously, I love it.

0:18.5

What a faithful.

0:19.7

We'll unpack betrayals and spill scandalous secrets with celeb guests, traitors' legends, and murdered and banished players.

0:27.1

The Traitors Uncloat.

0:28.4

Watch on EyePlayer, listen for more on BBC Sounds.

0:33.1

BBC Sounds, music, radio, podcasts.

0:36.8

Hello, welcome to this Moneybox podcast.

0:39.4

Is the law about financial arrangements on divorce working or does it need to change?

0:44.5

And it's hard, of course, for young people to buy their first home.

0:47.7

But when they do, how good are they at coping with the financial demands of home ownership?

0:53.0

But first, some local councils in England are stepping in

0:56.7

to replace the winter fuel payment worth £2 or £300, which this winter the government

1:01.3

stopped giving to nearly 10 million pensioners who do not get means-tested benefits.

1:06.7

These councils are giving money to pensioners who are still struggling with energy costs,

1:10.2

but whose income is just too high to get the means-tested pension credit.

1:15.0

The local government association, which represents English councils, has told Moneybox

1:18.8

that some are using part of their share of the £500 million household support fund

...

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