Albert Steptoe and his son Harold are rag-and-bone men, complete with horse and cart to tour the neighbourhood. They also live amicably together at the junk yard. Always on the lookout for ways to improve his lot, Harold invests his father's life savings in a greyhound who is almost blind and can't see the hare. When the dog loses a race and Harold has to pay off the debt, he comes up with another bright idea. Collect his father's life insurance. To do this his father must pretend to be dead.
After a lock-keeper entrusts his daughter to a canal Casanova, he is shocked to learn that she is pregnant. He then refuses to open his locks - causing barges to pile up in every direction until the guilty party confesses.
Unemployed East End lad Alf Hitchens has an on-off relationship with his girlfriend Marilyn and a dream of hitting the big time in the music business. Cheerful pop musical with a working-class background which uses a number of genuine London locations.