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Georgie Frost

This is Money: What should we do about inheritance tax - and is it time to cut it?

Georgie Frost
Original Broadcast:

This is Money

This is Money: What should we do about inheritance tax - and is it time to cut it?
Inheritance tax is a conundrum. Just 5 per cent of estates currently incur it but it’s been voted Britain’s most unfair major tax. Even with the number of people hit by it expected to double, it seems we just don’t like the concept. It’s no wonder then that the Chancellor commissioned a report into it from the Office of Tax Simplification, but no one forecast that to be as damning about the system as it was. It’s complicated, more than ten times as many bereaved families have to fill in forms as pay it, and it turns out the very rich pay proportionally less than those directly below them. Does that make inheritance tax ripe for a change and how could it be adjusted? Simon Lambert and Georgie Frost discuss that on this week’s podcast. Also, on the show they discuss why tenants are still waiting for a fees ban, whether the latest move to curb private parking tickets goes far enough and the least reliable cars you can buy second hand. And finally, we’ve all heard the one about how airlines might use your browsing history to hike flight costs, but have you heard about error fares that can get you somewhere for a fraction of the normal price? And more to the point are both these true. We bust five flight booking myths.
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: What burst the bitcoin bubble and could it rise again?

Georgie Frost
Original Broadcast:

This is Money

This is Money: What burst the bitcoin bubble and could it rise again?
A year ago bitcoin could do no wrong – now it has slumped to 79 per cent below its peak. So what went wrong for the much vaunted cryptocurrency? The mania of a year ago gave way to a bust after Christmas and apart from a few short-lived rallies bitcoin has been mainly on the slide since. That’s not to say it has no use - the cryptocurrency and underlying technology are fascinating - but just because something has some value does not mean it can’t end up in a bubble. On this week’s podcast, Simon Lambert, Georgie Frost and Myron Jobson look at what went wrong for bitcoin and the other cryptocurrencies and what we can learn from the boom and bust. Also on this week’s show, they look at some more durable investments, companies that have paid a rising dividend for a decade or longer – and how some have seen big rises in their share price. And finally, Simon talks us through the 2,100 road trip he took with his family to test out VW’s California campervan – and whether swapping your family car for a van that’s ready for adventure could ever be a smart move?
Guests:

Simon Lambert, Myron Jobson


Published:
Georgie Frost

This is Money: Follow the money - Are bank scammers about to be stopped in their tracks?

Georgie Frost
Original Broadcast:

This is Money

This is Money: Follow the money - Are bank scammers about to be stopped in their tracks?
This is Money has relentlessly campaigned to fight online fraud – and in a major victory, Britain's biggest banks are now trialling a new system to trace stolen money. Is the end nigh for scammers? Editor Simon Lambert and host Georgie Frost talk about bank fraud and our long-running campaign to help protect our readers from the growing crime. We also talk through new rules to come in early next year that will spell out exactly what banks have to do to help prevent customers falling victim of bank transfer scams and why we launched our Beat the Scammers section in 2016. Elsewhere, if you are in the market for a credit card, one of the more eye catching is Virgin Money's offering which could get you a trip to New York with its new bumper sign-up offer – but what's the catch? We also talk about the property market and how estate agents – especially across London and the South East - have come under pressure since the Brexit vote, which has triggered a considerable slowdown. This has seen Foxtons announcing branch closures this week. And rather than the gloom and doom predictions of a potential house price crash, Simon asks: are house prices preparing to go on something of a run?
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: Steve Webb Pensions Special

Georgie Frost
Original Broadcast:

This is Money

This is Money: Steve Webb Pensions Special
Are you trying to save for retirement, make the most of your income in old age, navigate the state pension maze, or just feel baffled by some bit of pension jargon? In the This is Money podcast this week, former Pensions Minister and our regular columnist, Steve Webb, is on hand to help you out. Editor Simon Lambert and host Georgie Frost are also joined by The Pensions Advisory Service boss Michelle Cracknell to answer reader questions about retirement savings.
Guests:

Steve Webb, Simon Lambert, Michelle Cracknell


Published:
Georgie Frost

This is Money: Was that a good Budget – and is austerity really over?

Georgie Frost
Original Broadcast:

This is Money

This is Money: Was that a good Budget – and is austerity really over?
Is austerity really coming to an end? And are the rich getting richer thanks to the Government? In the This is Money podcast this week, editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost analyse the 2018 Budget. Money for the NHS, little extras for schools, cash for roads, help for the High Street and the baby rabbit in the hat - pulling the rise in the basic and higher rate tax thresholds to £12,500 and £50,000, respectively, a year earlier than promised. We also talk about what a no Brexit deal means for interest rates? We heard from the Bank of England this week about the likely impact such a scenario could have on interest rates and how quickly they will go up – or not. Despite sticking this week to 0.75%, the decision came with a few notes of warning – largely that it was based on a 'smooth transition' for Brexit. And finally, we report on the latest in our 'stop the private parking sharks' campaign - how the good people of Essex town Basildon have taken to the streets to protest about one firm running a car park and dishing out charges.
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: Stock market turmoil spreads across the globe – what's causing it and how concerned should we be?

Georgie Frost
Original Broadcast:

This is Money

This is Money: Stock market turmoil spreads across the globe – what's causing it and how concerned should we be?
As stock market turmoil spreads across the globe, the advice is to keep calm and carry on, folks. In the latest This is Money podcast, editor Simon Lambert and host Georgie Frost discuss what's causing it, how long will it go on for and how concerned we should be. Because we're a positive bunch, we also reveal the shares that have rocketed over the last five years, some by more than 1,000 per cent. Also, we answer a reader query about state pensions - can couples inherit it from each other and how much might they get? Elsewhere, we take a look at the best way to clear your buy-to-let loan and discover how to bag a property bargain.
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: What can we expect from the Budget and how big a threat are Labour's tax plans?

Georgie Frost
Original Broadcast:

This is Money

This is Money: What can we expect from the Budget and how big a threat are Labour's tax plans?
With this year’s Budget moved to Monday, 29 October, we bring you a pre-Budget special. This is Money editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost debate the key areas that might feature in Chancellor Philip 'Spreadsheet' Hammond’s tax and spending review. This includes housing, inheritance tax, pensions and a whole host more, as he tries to find £20 billion down the back of the Treasury sofa for the promised NHS boost. But this Budget has some extra spice, with both Brexit and a Labour party whose main policy idea seems to be to force another General Election, which it thinks it can win. We discuss what the Government needs to focus on to stamp out the Labour challenge and just how the economy is looking ahead of Brexit. One time Labour donor Lord Sugar is threatening to leave the country if Jeremy Corbyn comes into power, thanks – in large part – to its threat of a barrage of tax rises. How big is the threat from Corbyn and co - and what can you do to protect your family from a potential overhaul of pensions, Isas, capital gains and even transferring wealth to a spouse?
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: Private car park sharks are in our sights as our campaign for justice steps up a gear

Georgie Frost
Original Broadcast:

This is Money

This is Money: Private car park sharks are in our sights as our campaign for justice steps up a gear
This week, This is Money launched another campaign - and we have the private car parking sharks and the DVLA in our sights. We talk about the horrific cases of drivers being fined and penalised we have received from readers and listeners so far, ask how the DVLA is able to sell our details on without permission and what can be done about the menace – along with what we want changed. Elsewhere, editor Simon Lambert, assistant editor Lee Boyce and host Georgie Frost talk about Dave and Marcus. The latter is the Goldman Sachs backed offshoot offering savers 1.5 per cent interest – and has seen 50,000 people sign-up. The former is Dave Fishwick, who has gone on a crowdfunding drive this week to try and raise up to £7million to help get his Burnley Savings and Loans venture a banking licence. We also discuss Isas. We reveal why they are so good, why they should be part of most people's financial planning and how to become an Isa millionaire.
Guest:

Simon Lambert


Published:
Georgie Frost

This Is Money: How a child benefit form can lose you state pension?

Georgie Frost
Original Broadcast:

This is Money

This Is Money: How a child benefit form can lose you state pension?
Child benefit and state pension - It’s not the most obvious link. But if you are a parent who is looking after a child instead of working, you need to register for child benefit in order to build up your entitlement in retirement age. Austerity swept away the universal child benefit and those households where one parent earns more than £50,000 have to start giving it back until it is removed altogether above £60,000. Unsurprisingly, many who fall into this bracket simply opt not to take it and see no point in registering. Unfortunately, mums and dads who stopped work to look after children are now finding they’ve missed building up their state pension. It should be easy to fix, but HMRC and the government have been stalling parents affected. That’s why This is Money has started a campaign to get this mess fixed, before it gets any worse. On this week’s podcast, Simon Lambert, Lee Boyce and Georgie Frost discuss how this all happened and why it matters to not just those affected. And finally, can you really have a weekend away in Europe, flights and a decent hotel for £57? Yes you can, thanks to a very clever new website we tracked down.
Guest:

Simon Lambert


Published:
Georgie Frost

This is Money: Can you still make money in buy-to-let? A professional's tips

Georgie Frost
Original Broadcast:

This is Money

This is Money: Can you still make money in buy-to-let? A professional's tips
The reports of buy-to-let’s death have been greatly exaggerated. That is the view of one of the few professional residential property fund managers in the UK. Alan Collett, who runs the Hearthstone fund, believes for the astute investor there is still money to be made from Britain’s homes. You could answer, ‘well, he would say that’, but for those interested in the property market, his reasons are worth listening to. In this week’s podcast, Simon Lambert, Sarah Davidson and Georgie Frost dig into the current state of buy-to-let and whether those without an entire property fund at their disposal can still turn a healthy profit if they think long-term. Also on this week’s show, they discuss where the most homes have been built over the past decade, why Goldman Sachs’ new bank Marcus has got everyone talking thanks to an eye-catching savings rate and whether insurers really do spy on you – including if you’re burgled while Instagramming your holiday. And finally, the new 68 registration plate was launched this month and that should have meant a surge in car sales, except as was suggested by one dealer we may already have reached peak new car and that has combined with diesel worries to sink sales. The good news is that means bargains for car buyers, with as much as £10,000 off some models. We reveal which ones.
Guests:

Simon Lambert, Sarah Davidson


Published: