BBC Money Box

Money Box Live: Your Care Cost Questions Answered

Loading player...
Paying for care in later life is something many of us will face. Unlike other NHS services, social care is not free at the point of use, the average annual care home cost is £60,000, if additional care is needed that price will go up. After a recent special Money Box Live from Grange Care Residential Home in Sheffield we received so many questions that we simply couldn't get through them all on air, so we've raided the inbox and brought in the experts to return to the topic to answer as many was we can.From how to plan to pay for care, what your money pays for, and how to challenge fees, Felicity Hannah, is joined by Tish Hanifan, the Founder of the Society of Later Life Advisors and Vic Rayner, CEO of the National Care Forum and Chair of the Care Providers Alliance.Presenter: Felicity Hannah
Producer: Catherine Lund/Sarah Rogers
Editor: Sarah Rogers(This programme was first broadcast at 3pm on Wednesday the 5th of February, 2025).
5 Mar English United Kingdom Business

Other recent episodes

Water Bills and Stamp Duty

From April water bills for millions of households in England and Wales will go up by record amounts. Exactly how much more you'll pay will depend where you live but, on average, bills will increase by more than £10 per month meaning a total average cost of over £600 a…
28 Mar 26 min

Money Box Live: Home Ownership Dreams

Politicians, banks and builders all talk about the dream of homeownership, but it's not easy to get on the property ladder. New figures given to Money Box Live show that, even though the Bank of England has reduced interest rates, it's now more expensive for a first-time buyer with a…
25 Mar 31 min

Ofgem Back Billing and Pensions and IHT

The energy regulator Ofgem says suppliers must take urgent action to find out how widespread a problem back billing is. It's when suppliers send out new bills for electricity and gas from longer than 12 months ago, a practice that was banned in 2018. The development follows Money Box's investigation…
22 Mar 27 min

Money Box Live: Energy Debt Help

People owe more money for gas and electricity bills than ever before. New calculations from the energy consultancy firm Baringa reveal the average typical energy debt is £1,500 - that's up £300 in a year. The total owed to energy companies is 3.8 billion pounds, which is almost double what…
18 Mar 31 min

Banned Back Billing and Debt Help

The energy regulator Ofgem has been given less than two weeks to get answers for Parliament on the banned practice of back billing, which is when people are sent new bills for energy used longer than 12 months ago. In a letter written to the Chief Executive of Ofgem the…
14 Mar 26 min
All episodes