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Page last updated at 18:07 GMT, Friday, 8 June 2012 19:07 UK

Spain's bank crisis

Euro coins in flames
BBC Radio 4's Money Box
Saturday, 9 June 2012 at 1204 BST On Radio 4 and Online

Spain is in the firing line this weekend. Its credit rating has been downgraded and there is widespread speculation that the country and its banks may be seeking a £100 billion bail out this weekend.

How serious is this latest blow to Europe and what does it mean for Brits with money in Spanish banks?

Paul Lewis is joined by Justin Knight, Head of European Rates Strategy at UBS Macro Research

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New pension code

A new code of conduct is launched this weekend to protect employees from accepting attractive cash deals to leave valuable final salary pension schemes.

Many big companies are making such offers to cut the cost and the risk of providing final salary pensions for their staff.

The Pensions Minister, Steve Webb, and industry bodies such as the Association of British Insurers and the National Association of Pension Funds have agreed on a voluntary code which aims to give better protection to pension fund members.

The Pensions Minister, Steve Webb, explains how the new code of conduct will work.

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Dementia and banking

Lloyds Banking group offers compensation to the family of a woman with dementia who was given an 18 thousand pound unsecured personal loan for home improvements.

Jean Hyde was granted the loan even though she did not own her home and the monthly repayments were nearly half her income before she paid rent, utilities and food bills.

We speak to her son Roger Hyde and to Andrew Chidgey from the Alzheimer's Society about what the banks need to do to improve services for customers with dementia and mental illnesses. We also ask what steps families can take to help relatives.

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Unexpected HSBC charge

A mystery monthly charge lands on the statements of some HSBC Business Account Holders. Why is the treasurer of a local allotment association being charged 6 pounds a month for a foreign transfer facility?

Money Box gets to the bottom of the charge.

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Interactive Investor charges spark complaints

Money Box has received a number of complaints from customers of the online investment company - Interactive Investor - after it announced that it would be introducing a new £80 annual charge. Customers were also advised that if they wanted to transfer their funds elsewhere they would face a charge - the company has now changed its mind. Money Box finds out why.

We hear from Interactive Investor customer Richard Gingell and Paul Lewis speaks to the CEO of Interactive Investor Tomas Carruthers.

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BBC Radio 4's Money Box is broadcast on Saturday at 1204 BST.

BBC Radio 4's Money Box is broadcast on Saturday at 1204 BST.

Money Box



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