Wealthy businessman Martin Sweet is made bankrupt, and he and his family are forced move back with his father Albert in the council flat where he once grew up in.

Martin and Loretta find it difficult to adjust to their new lifestyle in Bernie's poky flat.

Loretta moans about maintaining the flat, whilst Martin looks for two grand, so that he can purchase a van and a market stall. Prudence invites Eleanor and Albert on holiday in Vienna.

Martin needs to work out a way to cover the costs of his Arsenal season ticket. Eleanor tries to skip her first day of school by pretending to be ill. Loretta gets consternation from Albert, when she asks for a job as a window dresser.

Martin and Loretta are called in by Jojo's teacher to discuss her unruly behaviour at school. After having a row with Lucy over having to buy a new suit, Bernie moves back. The shock discovery of a building society book comes as a surprise.

Albert tries to assist Eleanor in avoiding a potentially embarrassing exchange visit. Martin gets some work as a debt collector agent, and Bernie is infuriated when he discovers about Lucy's extravagant spending habits.