The Department for Work and Pensions (DWP) has provided more precise guidelines for members of the public who want to claim the first instalment of the £900 cost of living payment.
08.03.2023 - 11:57 / manchestereveningnews.co.uk
Martin Lewis has provided an optimistic prediction as people all across the country grow anxious over their bills going up in April.
The money-saving champion appeared on Tuesday's edition of Money Show live to discuss energy bills after Ofgem confirmed it will reduce the price cap in April by £1,000, bringing the total to £3,300 for the average household. Meanwhile, chancellor Jeremy Hunt proposed an increase to the energy price guarantee in April, which would rise the average household bill by 20 per cent.
Martin declared the proposed increase as 'perverse' and has been campaigning to delay the rise until at least July when it is believed the price cap may drop below the current price guarantee. However, some viewers may have become increasingly anxious after Martin told them energy prices would go up in April, the Liverpool Echo reports.
Read more: DWP pension deadline extended giving people more time to boost payments - here's how
He said: "On Thursday the energy companies have to tell the pre-payment meter companies what their prices are gonna be. And they have not increased their prices in April. I also have other sources that tell me prices are not going up. And since I did that, The Times has reported sources in government saying prices are going up and the BBC has reported sources in government saying prices are going up."
He added: "I would say my certainty..." and then he cut off his sentence to add: "Prices are NOT going up, sorry let me correct myself, prices are NOT going up in April."
He continued: "What a slip up to say it is going up. Live telly everyone!" Martin went on to talk with Tory MP Grant Shapps over the proposed increases. However, Mr Shapps remained tight-lipped throughout the
The Department for Work and Pensions (DWP) has provided more precise guidelines for members of the public who want to claim the first instalment of the £900 cost of living payment.
Martin Lewis says he won't be re-applying to become a member of the House of Lords after his application to become a crossbench peer was turned down last year. The Money Saving Expert founder believed he may have been rejected as he couldn’t commit the time required for the role.
Martin Lewis has startled fans as his innocent question left them in stitches. The Money Saving Expert took to his social media to ask his 2.1 million followers a question on how they tend to eat a piece of chocolate.
Martin Lewis is set to become a regular co-host on ITV’s Good Morning Britain.The 50-year-old financial journalist and consumer champion will join the weekday breakfast show on various Wednesdays across the year, alongside the show’s long-term presenter Susanna Reid. Speaking about his appointment, Lewis said: “To have the ability to hold politicians to account over the cost of living is a privilege and a responsibility.
Martin Lewis is urging the millions of people in the UK who receive a regular payslip to check it straight away as they could have lost out on thousands.
Martin Lewis is urging households up and down the country to check if they are eligible for a Council Tax discount before the new financial year begins on April 6. While Council Tax band evaluations differ in Scotland, England and Wales, the various ways to qualify for a discount are mostly the same.
With the cost of living continuing to directly impact people's finances, many will be looking for ways to save and - if possible - make extra cash.
Martin Lewis has shared essential advice for anyone unable to get through to the Future Pension Centre to buy missing National Insurance (NI) years in order to boost their State Pension entitlement. The UK Government recently extended the deadline from April 5 to July 31 due to a surge in demand for the service and has frozen the prices of each year.
As we enter a new tax year, many things are due to go up in price, including taxes for cars, vans, and motorbikes.
Martin Lewis has issued a warning to the millions of people across the UK who are paying into a pension. Many people across the country pay into a pension, either through their workplace or privately, to boost their income on top of the state pension in later life.
Martin Lewis has pointed out a vital change to pensions that was not mentioned in the Spring Budget.
Annoyed Good Morning Britain viewers have asked show bosses "what were you thinking?" as they tuned into the penultimate episode of the week. Kate Garraway and Ben Shephard were at the helm of the ITV news programme on Thursday (March 16) for their first episode of the week, following on from Ed Balls and Susanna Reid being at the helm.
Drivers have been issued a warning as they should "never" allow their car insurance to auto-renew. It comes as rates could skyrocket by as much as 20 per cent, according to experts.
The Chancellor has announced a major financial change for customers on prepayment meters following fears of rising energy bills.
Martin Lewis urged all adults to take 'essential' action to protect personal finances during his ITV show on Tuesday (March 15).
Thousands of Shell Energy customers will receive an extra £150 payment from Wednesday (March 15).
Brits all across the country will be able to get a hefty amount of time off if they take advantage of bank holidays in May and April.
Fans have expressed their gratitude to Martin Lewis after the Government confirmed the Energy Price Guarantee (EPG) rise will be delayed.
The government will extend the energy price guarantee for a further three months, the Treasury has confirmed.
Read More: Martin Lewis issues 9 character warning over painkiller rip-offMartin tweeted after the show: "Hi folks. Just leaving the @itvMLshow studio to go home. Tonight's show was one I've long wanted to do.