Listen "Pensions and 'drip pricing'"
Episode Synopsis
We hear from a pensioner on benefits who tells us she was shocked to find herself having to pay tax on her pension for the first time. With expert help, we explain the so-called ‘triple-lock’ mechanism and why the point at which you can be taxed on your pension has become a big talking point in the election campaign. Also in the programme, sneaky hidden extras on your online shopping have been banned under new laws passed this month. So called ‘drip pricing’ is when consumers are shown an initial price for an item or service, only to find additional fees are added on later at the checkout. We look what the rules are and how they'll work.Every time you use Mastercard or Visa debit or credit card to pay for something – the business you’re buying from has to pay fees. Some of these fees are optional, but many of them are mandatory. But now an interim report by the watchdog - the Payments Systems Regulator – found that these fees charged to shops and other businesses by Visa and Mastercard have been rising much faster than inflation, 30 % faster, but that there is no evidence that the service provided has improvedAnd we look at the scale of fake stamps in the UK. Royal Mail initially responded by charging people a penalty if they received items that were sent with a fake stamp. Although those fines are now ‘paused’, we reveal just how much they amounted to.Presenter: Paul Lewis
Reporters: Sarah Rogers and Neil Morrow.
Researchers: Sandra Hardial and Neil Morrow
Editor: Craig Henderson(This programme was first broadcast Saturday June 1, 2024)
Reporters: Sarah Rogers and Neil Morrow.
Researchers: Sandra Hardial and Neil Morrow
Editor: Craig Henderson(This programme was first broadcast Saturday June 1, 2024)
More episodes of the podcast Money Box
Money Box Life: Blended Family Finances
14/01/2026
Money Box Live: Impulse Spending and Debt
07/01/2026
Money Box Live: Making Sense of Your Pay
31/12/2025
Cash ISA Change and Carers Allowance
27/12/2025
Money Box Live: Autumn Budget 2025
24/12/2025
Life-changing Scams and Child Benefit
20/12/2025
Water Bills and Graduate Jobs
13/12/2025
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.