This email was sent to Money Box subscribers on 1 December 2006

Dear listener,

The government revealed its plans this week for the most dramatic reform of the state retirement pension since 1975. Pensions Minister James Purnell tells us who will gain and we ask him – what about those who won't?

We report on new hope for perhaps as many as 30,000 Farepak customers who could get back all the money they lost after the Christmas voucher and hamper company failed a month ago.

The chairman of the Competition Commission explains why he is not going to cap the ultra high interest rates charged by doorstep lenders – preferring to rely on competition to bring down the cost of home credit.

The interest rate paid on a popular savings account is frozen after ING bank decides consistency is more important to its savers than offering top rates.

And as the dollar tumbles towards 50p, is New York or Cyberspace the best place to buy American for Christmas.

That's Money Box. Saturday at noon, Sunday at 9pm and anytime on the web and there's more information on our website about these items now.

Best wishes,

Paul Lewis

http://www.bbc.co.uk/moneybox

 

 


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