Community Money Matters

The current welfare state changed in such a way that a true reflection is required as to how this has come about and and its context.
Post Second World War, the Attlee government nationalised the Bank of England, the coal industry, the Central Electricity Generating Board and area electricity boards, Cable & Wireless Ltd, the railways and the local authority gas supply undertakings in England and Scotland. It introduced free education for all by nationalising institutions which were either provided by parishes or philanthropists. The National Health Service was formed and made accessible to everyone regardless of ability to pay.  
If you were unemployed there was infrastructure to support you when you could not afford to pay by creating the welfare system as you see today. The expenses of running such a nationalised state was met by cheap loans borrowed from overseas, contributions made by tax payers and companies in times when Britain was losing imperial dominance. Post war employm…

Pension: Since auto-enrollment began in the UK in 2012, we are beginning to properly save for our retirement. On this show, Robert Parker - Chair of the Personal Financial Society - talks about the differences between state and private pension, risks that are involved with investing your pension in stocks and shares and many more issues related to your pension.


Universal Credit:How do you apply for such a benefit? When are you going to be migrated to it? What are the condition for applying it? What is included as part of the claim? What does it not include? I talk about all the above issues and more.