Dear Listener

In Money Box this week

More than a million members of Portman Building Society are in line for windfalls averaging £445 if they vote for a merger with Nationwide. Voting packs and full details are being sent out prior to the AGM on 23 April. Money Box hears from Portman’s retiring Chief Executive and from a man who is campaigning for members to vote ‘no’.

Thousands of older taxpayers are being given the wrong tax code which could lead to them paying the wrong amount of tax on their private pension. We are told the special helpline is ‘in meltdown’.

A nurse complains that her pay is rising by 2% but the rent share on her ‘affordable’ housing is rising by more than 5%. Is it becoming unaffordable?

ISA wars break out as two smaller banks offer eye-catching rates of 8% and 8.1%. But one only applies to half your money and the other may not last the month out.

And landlords have just four weeks to sort out a new scheme to protect the deposits of new tenants.

That’s Money Box – live on Saturday at noon, repeated Sunday at 9pm and any time (after midday) on the web.

Paul Lewis

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