All posts tagged: martin lewis

Martin Lewis says ‘it ain’t looking good’ for energy bills | Personal Finance | Finance

Martin Lewis says ‘it ain’t looking good’ for energy bills | Personal Finance | Finance

The vital Strait of Hormuz waterway has been closed once again, sending the price of oil skyrocketing. The latest energy price cap had already gone up 13 per cent in the UK as a result of the Iran-US war. The next price cap, which will be announced on August 26 and will run from October 1 until December 31, had already been predicted to rise despite the signing of a Memorandum of Understanding (MOU) between Donald Trump and Iran. But the resumption of strikes means prices are once again set to go up. Money-saving expert Mr Lewis said: “Graphs show what’s likely to happen to energy bills…it ain’t looking good. “The big changeable factor in the price we pay for home energy is wholesale rates. And this UK natural rate is the main driver of both gas and electricity bills, as gas is involved in electricity generation. “The impact of the Middle East conflict which started on Feb 28 is clear. It is the prime reason most people’s bills are rising. “P.S Most of our …

Meet Martin Lewis’ ‘very proud’ famous wife of over 15 years

Meet Martin Lewis’ ‘very proud’ famous wife of over 15 years

Martin Lewis is the UK’s most trusted Money Saving Expert, offering standout financial advice, tips and tricks on everything from the cost of living to student loans, mortgages and insurance. Often appearing on This Morning, as well as fronting his own ITV show, The Martin Lewis Money Show Live, the 54-year-old financial journalist has worked tirelessly to help Britons over the years and has been recognised for his hard work with the BAFTA Television Special Award on Sunday evening. But while Martin is synonymous with money-saving expertise, he isn’t the only one in his family with a successful career in the public eye. In fact, his wife has amassed her own impressive résumé in journalism and presenting – and she was on hand to support Martin from the crowd at the BAFTAs on Sunday. Keep reading for everything you need to know about Martin’s famous wife of more than 15 years, with whom he shares a daughter. Meet Martin Lewis’ wife Martin is married to Lara Lewington, a British presenter, journalist and former weather presenter. …

Monzo’s simple money challenge could save you £667 | Personal Finance | Finance

Monzo’s simple money challenge could save you £667 | Personal Finance | Finance

Monzo customers could have Christmas paid for with the challenge (Image: Getty) Rising costs of everyday essentials continue to squeeze household budgets, making it harder for people to save for emergencies or future expenses. But one increasingly popular method to build up savings is the 1p Saving Challenge, which can be used by anyone – including customers of banks such as Monzo. According to the bank’s 1p Saving Challenge blog, it automatically increases daily savings by 1p, starting at 1p on day one, 2p on day two, and rising gradually until reaching £3.65 on day 365. Over the course of a year, this adds up to £667.95. By late December, people could have saved more than £600 – a figure many may find useful for covering festive costs such as Christmas food and gifts. The challenge is designed to be flexible, with users able to pause at any time or withdraw funds if needed. Savings are held in a separate pot, helping reduce the risk of accidental spending. Read more: RAC’s common mistakes that mean …

Martin Lewis scam ads ‘worse than ever’

Martin Lewis scam ads ‘worse than ever’

Martin Lewis at the BAFTA Television Special Award Media Breakfast on Wednesday 29 April 2026 in London. Picture: BAFTA/Scott Garfitt Financial journalist Martin Lewis CBE has said social media scam ads that use his name and face to dupe unsuspecting consumers have become “worse than ever”. Lewis sued Facebook for defamation in 2018 over ads appearing on the platform which stole his image and settled the case after Meta agreed to donate £3m to charity and create a new reporting button. But such ads continue to proliferate years later, conning people out of money by wrongly making them believe Lewis has backed questionable financial products. Lewis was speaking at a press conference on Wednesday as it was announced he had been awarded the BAFTA Television Special Award in recognition of his “extraordinary and lasting impact on British consumers and public life”. Lewis founded the Money Saving Expert consumer finance website, has an ITV show called The Martin Lewis Money Show Live, and is a presenter and expert on Good Morning Britain. In response to a …

Royal Mail makes stamps change after Martin Lewis issues warning

Royal Mail makes stamps change after Martin Lewis issues warning

The Royal Mail has hiked the cost of a first-class stamp has risen by 10p to £1.80. The increase came into effect on Tuesday (April 7), the Royal Mail said. Royal Mail blamed the price rise on falling numbers of letters being sent, combined with an increased number of addresses. Royal Mail’s managing director of letters, Richard Travers, said: “We always consider price changes very carefully, balancing affordability with the rising cost of delivering mail. “On average, UK adults now spend just £6.50 each year on stamps and there are 70% fewer letters sent than 20 years ago. In the meantime, the number of addresses we deliver to has increased by four million to 32 million addresses across the UK.” READ MORE 45 popular cars that will cost nearly £6,000 to tax this year – full list A second-class stamp has risen in price by 4p to 91p. Stamps bought before the price increase remain valid and can still be used for postage. Financial expert Martin Lewis had urged Brits to stock up on stamps …

Royal Mail users face £1.80 charge from April

Royal Mail users face £1.80 charge from April

Royal Mail has announced the price of a first-class stamp will increase next month. Ahead of the increase on April 7, money saving expert Martin Lewis has urged those who regularly use stamps to ‘stock up’. The price increase will see the cost of a standard first-class stamp rise by 10p to £1.80. READ MORE: Film crew spotted at Birmingham police station site as hit show returns The last price hike was in April last year, when stamps went up by 5p to £1.70. In October 2024, there was a 22 per cent increase, with prices jumping from £1.35 to £1.65. Richard Travers, managing director of letters at Royal Mail, said: “We always consider price changes very carefully, balancing affordability with the rising cost of delivering mail. “On average, UK adults now spend just £6.50 each year on stamps and there are 70 per cent fewer letters sent than 20 years ago. “In the meantime, the number of addresses we deliver to has increased by four million to 32 million addresses across the UK.” The …

Martin Lewis’ Money Saving Expert advises drivers to check licence now

Martin Lewis’ Money Saving Expert advises drivers to check licence now

Martin Lewis’ MoneySavingExpert (MSE) team has issued a reminder as millions of drivers could be at risk of a £1,000 fine. In an update on January 27, 2026, MSE revealed: “Almost 2.3 million driving licences were set to expire last year, with drivers risking a fine of up to £1,000 if they get behind the wheel with one that’s out of date.” The expert is now urging drivers to act today by checking whether their licence is still valid and, if not, renewing it. Some motorists may even be able to update their details for free. Renewing late won’t get you fined, but if your licence has expired, the DVLA says you shouldn’t drive until it has received your completed renewal application. Urging people to look at the expiry date and act in plenty of time, it warns: “Photocard licences replaced paper licences in 1998, and must be renewed every 10 years. “According to Driver and Vehicle Licensing Agency (DVLA) data obtained by Co-op Insurance, almost 2.3 million licences were set to expire last year.” …