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Universal financial education – providing young people with the knowledge and experience to thrive in our highly competitive consumer economy – is vital for the future of our society, MoneySavingExpert.com founder Martin Lewis has warned. Addressing an all-party group of MPs and peers at Parliament, Martin told them, loudly and plainly: we need financial education in EVERY school, for EVERY child.
10 September 2024
Financial education should be taught on a compulsory basis in both primary and secondary schools in England, a cross-party group of MPs have finally said. MoneySavingExpert.com founder Martin Lewis has welcomed the Education Committee's new report – which has put forward many of his proposals – arguing that every child deserves to be properly equipped for independent financial life.
22 May 2024
Parents and carers in England have to contribute up to £15,127 a year in order for their children to have a minimum acceptable standard of living at university, according to a major new report published today. It follows a long-running campaign by MoneySavingExpert.com urging the Government to increase university living loan amounts and to make the hidden parental contribution more transparent.
9 May 2024
Energy Secretary Claire Coutinho has confirmed the Government will look for solutions to help people being chased for debts owed to defunct energy firms, who currently have no viable way to escalate complaints. It follows a letter sent by MoneySavingExpert.com (MSE) founder Martin Lewis calling for urgent action on the issue.
26 March 2024
The Chancellor Jeremy Hunt has today (Wednesday 6 March) revealed plans to address the "unfairness" in the current Child Benefit system. This follows extensive campaigning on the issue by MoneySavingExpert.com (MSE) and its founder Martin Lewis. Currently, some families get less (or no) support as a result of overcomplicated tax rules.
6 March 2024
Teachers need to be "properly resourced" and supported to deliver much-needed financial education in schools, Martin Lewis has urged. Speaking to the House of Commons Education Committee, the MoneySavingExpert.com founder said getting personal finance on the national curriculum had proved a "pyrrhic victory" due to the lack of resources put into the subject.
5 March 2024
Mortgage prisoners are still suffering every month and need urgent help from the Government, a parliamentary group has said. The call comes nearly a year after the publication of a major report, funded by MoneySavingExpert.com founder Martin Lewis, which put forward costed solutions to the nightmare situation facing up to 200,000 people in the UK.
29 February 2024
The Chancellor Jeremy Hunt has hinted help could be on the way for first-time buyers who face losing £1,000s of their own savings when withdrawing funds from Lifetime ISAs (LISAs) to buy homes above the scheme's property price limit. MoneySavingExpert.com (MSE) founder Martin Lewis challenged Mr Hunt over the issue during an interview in the latest episode of ITV's The Martin Lewis Money Show Live.
11 January 2024
New scam ad protection measures, such as two-click reporting and verification for advertisers, are to be introduced by major tech firms including Facebook, Google and more. The move was welcomed by MoneySavingExpert.com founder Martin Lewis, who has long called for regulation and law changes to help stop online scams – though he cautioned that firms now need to "make good on their promises".
30 November 2023
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