MoneySavingExpert News
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Budget 2023: Energy Price Guarantee to remain at £2,500 in win for Martin Lewis and MSE – here's what it means for your bills
The announcement follows a month-long campaign led by Martin Lewis, which has been backed by 130 charities and consumer organisations.
15 March 2023

Martin Lewis: April's 20% energy price rise likely to be cancelled as energy firms assume it won't happen
Next month's 20% energy bill rise is now likely to be scrapped by the Government, as energy firms are preparing for it not to go ahead.
15 March 2023

Martin Lewis: Postpone the planned cuts to Government energy support
MoneySavingExpert founder Martin Lewis has today written to Chancellor Jeremy Hunt urging him to keep the energy price guarantee (EPG) at a typical £2,500/year, rather than hiking it to £3,000/year from 1 April as planned. See the letter in full below.
15 March 2023

Government minister responds to Martin Lewis confirming the Treasury will look at proposals to free mortgage prisoners
Economic secretary to the Treasury Andrew Griffith MP has confirmed he will read and seek official advice on the proposals for freeing mortgage prisoners put forward in a recently published LSE report.
10 March 2023

Government made £2.4 billion from mortgage prisoner scandal - Martin Lewis says it must fix problems caused
A landmark new report published today puts forward costed solutions to the horror of the situation facing up to 200,000 mortgage prisoners, who have been trapped on high rates after their loans were sold by the state to 'closed book' inactive lenders.
10 March 2023

Mortgage prisoners: Government promises to consider proposals to free trapped borrowers
The Government has today confirmed that it will "carefully consider" the costed and practical proposals for freeing mortgage prisoners put forward in the recently published report by the LSE.
7 March 2023

Martin Lewis: Outdated LISA rules COSTING first-time buyers and need a radical overhaul
Change is needed to help half a million younger people with Lifetime ISAs as many risk lock-out and £1,000+ in fines to get their money back.
22 January 2023

Martin Lewis and MSE among organisations urging energy firms to act over missing bill help vouchers for non-smart prepay users
MoneySavingExpert.com and its founder Martin Lewis are among a coalition of organisations calling on energy firms to take urgent action to ensure households on traditional prepayment meters can access the Government's vital energy help.
20 December 2022

Smart prepay energy user? Many suppliers will let you use Government payments on gas AND electricity, but two still aren't – here's what each firm is doing
British Gas and Ovo are still unable to confirm they'll let smart prepay customers use their £400 energy support payments on both electricity AND gas, despite gas being crucial for many people's heating this winter.
8 November 2022

Smart prepay energy user? MSE is urging firms to let you use Government payments on gas AND electricity – here's what each firm is doing
MoneySavingExpert.com is calling on energy firms to make it possible for prepay customers with smart meters to use their £400 energy support payments on both electricity AND gas, as it's the gas meter that's crucial for many people's heating this winter.
18 October 2022
22 March 2023
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Beat April price hikes
Martin's 11 must-do NOWs
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Superfast fibre '£18/month'
Broadband hikes are coming
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15GB data Sim for '£5/month'
Or '£9/month' for 100GB
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Tesco Clubcard triple-up axed
3 months left to max gains
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FREE £50 investment
It's back!
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'Got a Power of Attorney?'
'It's probably more important than a will'
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Important Budget briefing
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New cost of living payments to start on 25 April – here's who qualifies, how much you'll get and if you need to apply
27 March 2023Millions of the UK's poorest households will start to receive the first third of their £900 cost of living payment from 25 April, the Government has confirmed today. Here's all you need to know on whether you're eligible and when you'll get your payment. -
Ovo launches one-year fixed tariff – but is it worth switching to?
27 March 2023Almost every household has been charged the same price for their energy over the last year under the Energy Price Cap (EPC) and the Energy Price Guarantee (EPG), with no cheaper fixed deals to switch to. That has now changed, with Ovo launching a one-year fix for existing customers that undercuts the EPG level of £2,500 a year. -
BT customers 'forced into overdrafts' after duplicate payment error - here's what you need to know
24 March 2023BT customers have complained that they've been forced into overdrafts after payments were wrongly taken twice this month. The telecommunications giant said it will refund any duplicate payments taken automatically. -
Martin Lewis: Four urgent ways you may be due £1,000s in tax back – if you're married, had a PPI payout, wear a work uniform or even just pay tax
23 March 2023If you're married or in a civil partnership, have ever had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently. -
Bank of England increases base rate to 4.25% – what the rise means for your mortgage and savings
23 March 2023The Bank of England has increased the base rate from 4% to 4.25%. This rate is used by the central bank to charge other banks and lenders when they borrow money – and so it influences what borrowers pay and what savers earn.
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Martin Lewis: Is it time to ban unnecessary Christmas presents?
5 December 2022Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: The one thing everyone aged over 66 needs to know
29 November 2022It is a national tragedy that getting on for a million pensioners, many of whom have been paying into the system for years, are missing out on a critical boost to their income. It's called pension credit, and this year it also means you get an extra £650 to help with energy bills.