Money Box Live: Digital Divide
Summary
Money Box Live investigates the UK's significant digital divide, revealing how millions are excluded from online financial benefits due to basic skill gaps, affordability issues, and inaccessible websites. Experts discuss the financial costs of being offline and the impact of bank branch closures, while community initiatives and policy changes aim to bridge these gaps. The episode also addresses specific challenges faced by visually impaired individuals and those in rural areas with poor connectivity.Episode description
Just how much does technology impact your finances?
Do you search for the best deals on your laptop or phone? Perhaps you keep track of your money through online banking.
As many as 40% of people in the UK feel they cannot keep up with newer technology according to the charity the Good Things Foundation.
And not being online can cost you money, over £1,000 a year, according to Hargreaves Lansdown.
This week we've been out to meet people learning how to take on tech for the first time and Felicity Hannah is joined by Helen Milner, CEO of Good Things Foundation and Sarah Coles, head of personal finance at Hargreaves Lansdown to answer your calls and questions.
Presenter: Felicity Hannah Producer: Sarah Rogers Editor: Jess Quayle
(This episode was first broadcast 3pm on Wednesday the 18th of October, 2023)