You can bag a £10k heat pump discount... would that tempt you to get one?
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 19 January 2024
⏱️ 61 minutes
🧾️ Download transcript
Summary
Now Worcester Bosch is bumping that up by an extra £2,500 - if you pick one of theirs of course.
But with the devices cost between £8,000 to £30,000 to buy and fit, would it tempt you? Georgie Frost, Helen Crane and Lee Boyce reveal all... and talk the 'boiler tax'.
Is inflation back on the rise? How worried should we be by the latest figures? And where next for interest rates?
And millions face a big price hike for their mobile and broadband from March. Isn't it time these inflation-busting mid-contract increases were banned?
Also today…following campaigning by This is Money for years for fair treatment for parents who do not qualify for child benefit, parents denied state pension credits WILL get them. Tanya Jefferies explains all you need to know.
Tanya also talks about a bungled handover to a new administrator that has left BAE Systems retirees suffering drastic cuts of up to 50 per cent in their pensions.
And Crane is on the Case, this time over a robot vacuum cleaner...
Transcript
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| 0:00.0 | Welcome to This Is Money podcast, sponsored by Charles Stanley Direct. |
| 0:06.5 | I'm Georgie Frost and joining me and Lee Boyce today is Helen Crane with special guest appearance from Tanya Jeffries. |
| 0:12.5 | And coming up, a 10 grand bung for fitting a heat pump, a tax on our boilers, the cost of growing green in our homes. |
| 0:20.5 | Is inflation back on the rise? How |
| 0:22.6 | worried should we be by the latest figures and we're next for interest rates? Meanwhile, |
| 0:27.4 | millions face a big price hike for their mobile and broadband from March. Isn't it time |
| 0:32.7 | that these inflation-busting mid-contract increases were banned? Also today, following campaigning by This is Money for years, for fair treatment for parents |
| 0:41.4 | who don't qualify for child benefit, mums denied state pension credits will get them. |
| 0:46.8 | Tanya explains all you need to know. |
| 0:49.2 | Plus a bungled handover to a new administrator has left BAE Systems retirees suffering |
| 0:54.1 | drastic cuts in their pensions. |
| 0:56.8 | And Crane is back on the case, this time, over a robot vacuum cleaner. |
| 1:01.0 | Don't forget you to up to date with all the latest breaking money news, just go to this |
| 1:04.6 | ismoney.co.uk or download the app. |
| 1:08.0 | But first, the government is getting out the carrots and the sticks |
| 1:12.1 | in a move to improve the energy efficiency in our homes. To help meet its carbon emission targets, |
| 1:18.1 | you can get up to 7.5 grand to have a new heat pump fitted in your home, but need a new boiler. |
| 1:24.1 | Watch out for a boiler tax. Hey,ce, what is the actually titled Clean Heat Market Mechanism? |
| 1:33.3 | Yeah, that is the most dull name, isn't it ever? |
| 1:35.9 | So it's coming in from April, it's a plan from the government, basically, that will give each manufacturer of gas and oil boilers, credits for fit in a certain number of heat pumps |
| 1:44.7 | per year. If manufacturers don't hit these targets, individual targets for each firm, they face |
| 1:51.2 | fines of £3,000 per missing credit. Now what the kind of boiler manufacturers have spun this |
... |
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