We've been hearing from listeners who\u2019ve been contacted by Department for Work and Pensions demanding repayment of Universal Credit advances that the DWP says they\u2019ve received. The trouble is, they\u2019ve never even applied for Universal Credit, let alone had an advance. The DWP are also contacting these fraud victims employers to deduct the money owed from their salary before investigations are completed.
Two dozen people are facing the threat of redundancy because the small business they work for is being forced to shut down because it can\u2019t get insurance. How is this possible and why isn\u2019t the insurance market working like it should? Solicitor Merlin Batchelor talks us through his problem and Felicity talks to Martin McTague from the Federation of Small Businesses which is calling for the insurance industry and policy makers to investigate what\u2019s going on.
Savers at the UK\u2019s government backed bank, National Savings and Investments, are struggling to withdraw their funds after the firm slashed its interest rate to next to nothing. Jill Waters, NS&I\u2019s retail director joins us to explain what\u2019s going on.
Presenter: Felicity Hannah\nReporter: Dan Whitworth\nProducers: Ben Carter and Darin Graham\nEditor: Emma Rippon