MoneySavingExpert News
Martin Lewis

A penalty paid by first-time buyers accessing savings in Lifetime ISAs (LISAs) when buying homes above the scheme's £450,000 property price limit could be scrapped, it's been revealed. A new report suggests the Chancellor will remove the withdrawal fee in his upcoming Budget. This would be a win for MoneySavingExpert.com and its founder Martin Lewis who have long campaigned on the issue.
22 February 2024

Millions of people would have to double their incomes to escape poverty, according to a new report from charity the Joseph Rowntree Foundation (JRF). MoneySavingExpert.com founder Martin Lewis says the problem seems to be getting worse, and has joined the charity in urging policymakers to act.
23 January 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

Buy now, pay later (BNPL) regulation has not been shelved, Chancellor Jeremy Hunt claimed in an interview with MoneySavingExpert.com founder Martin Lewis this week. However, the Government is being careful not to be too "heavy-handed" in its approach to regulating the industry, Mr Hunt said.
10 January 2024

The Chancellor Jeremy Hunt has admitted that there is an "unfairness" in the current Child Benefit system, which means some families get less (or no) support as a result of "overcomplicated" tax rules. Mr Hunt made the comments during a grilling from MoneySavingExpert.com founder Martin Lewis.
10 January 2024

New rules are urgently needed to stop lenders overwhelming people with letters, calls, texts and emails about missed payments. Charity the Money and Mental Health Policy Institute (MMHPI) and its chair, founder and core funder Martin Lewis are calling for the Government to make changes to prevent firms causing unnecessary distress to those already under strain.
14 December 2023

Broadband, mobile and pay TV firms will no longer be able to hit customers with inflation-linked price hikes mid-contract, under proposals put forward by the telecoms regulator. But while MoneySavingExpert.com (MSE) founder Martin Lewis has welcomed the move, he has also called on Ofcom to ensure any rises are never above inflation.
12 December 2023

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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