ICR285: Getting to grips with the Budget (with co-host Kalpana Fitzpatrick)
Today on show, we’re getting to grips with the Budget.
It was Chancellor Philip Hammond’s first autumn Budget on Wednesday, always an exciting day in the world of personal finance, and today we’re going to take a closer look at some of the key Budget measures.
Mummy Money Matters was launched by Kalpana Fitzpatrick, a well-respected financial journalist, broadcaster and parent, after she discovered that mums were often overlooked and kept out of the loop when it came to money.
Finance can be unnecessarily complicated – MMM aims to keep it simple and relevant.
As well as editing and writing for Mummy Money Matters, Kalpana appears regularly in the media as an expert commentator on personal finance and is often seen on TV (BBC, ITV and Sky News). She is also often on most of the major radio stations.
You can follow Kalpana on Twitter at @KalpanaFitz.
Personal finance news
-Fake products and websites during the Christmas shopping season are putting consumers at risk of fraud. The warning comes from Action Fraud who say mobile phones, clothes, shoes and jewellery are the gifts most likely to be fraudulent.
-National Lottery operator Camelot plans to introduce a new game offering winners a monthly £10,000 income for life. The lottery operator said it was looking for new ways to attract players following poor performance and less money raised for good causes.
-Consumer group Which? is warning shoppers about Black Friday deals which may not be as good as they seem. According to Which?, 60% of last year’s Black Friday shopping deals were available at a lower price or the same price at other times of the year.
-More that one million credit card users who are struggling with their debts have experienced a credit limit rise without being asked. Citizens Advice is calling for a ban on unsolicited increases in credit card limits, as these can make borrowing problems worse.
-Over a third of people say they have not and do not intend to offer financial support to children and grandchildren to help them get on the property ladder. In a poll of 2,100 people carried out for Royal London, people living in the East Midlands were least likely to offer support with 40% of respondents saying they had not, and did not intend to, offer financial assistance.
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