Martin Lewis issues warning against Buy Now Pay Later schemes

direct to your inboxMoney Saving Expert Martin Lewis has issued a warning to millions of people in the UK, as all of the 'big six' energy companies announce price hikes.The latest energy provider to announce price hikes is British Gas.The energy giant said 2.3million people will be affected by the latest announcement, which will see the provider's average standard default tariff rise from £1,041 to £1,138 a year.The price cap is set twice a year to curb how much suppliers can charge customers on

Martin Lewis issued a warning to everyone with a pension about a tax mistake they may be making which could cost them thousands of pounds during his Money Show Live TV programme last week.The financial guru hosted a special pensions edition of his weekly consumer show offering tips and insight into saving for retirement and making the most out of your money, which even included a handy hack for working out how much you need to put away every year.And now that warning has been repeated in this

Money Saving Expert Martin Lewis has built up a property empire said to be worth £12.5 million thanks to his savvy fiscal tips.The 48 year old and his wife Lara, 41, have invested millions of pounds buying real estate in affluent north England towns like Wilmslow and Knutsford in Cheshire. Martin, who is a regular guest on This Morning alongside Phillip Schofield and Holly Willoughby has given nearly £20million of his own fortune to charity over the last eight years.

direct to your inboxMoney Saving Expert Martin Lewis has issued an urgent warning to anybody planning on booking a summer holiday.It comes after Grant Shapps and Boris Johnson told Brits it's too early to know whether or not we'll be able to enjoy a holiday this year.Appearing on his ITV show, the Martin Lewis Money Show, the finance journalist dished out some important advice to British holidaymakers.Speaking on the show, Martin said: "So it is up to you whether you book or not but we do not

direct to your inboxMoney Saving Expert Martin Lewis has issued a warning to millions of Brits planning to turn their heating on today.Appearing on ITV's This Morning, the finance journalist discussed whether or not people should keep their heating on all day.He said: "They say it’s better to only put the heating on when you need it."You pay to pump energy in as and when is needed and to keep pumping it in constantly isn’t efficient."Using a timer's best, because your thermostat is designed to

direct to your inboxMoney Saving Expert Martin Lewis has issued a warning to 410,000 households in the UK as Britain prepares for more cold weather and snow.He says that two energy companies are closing down, and it could affect up to almost half a million customers.Green Network Energy and Simplicity Energy have ceased trading - leaving thousands of customers without a supplier.Green Network Energy provided around 360,000 domestic customers with gas and electricity, while Simplicity Energy had

direct to your inboxMoney Saving Expert Martin Lewis has issued an urgent warning to millions of people in the UK.He says that 1.3 million Brits could be owed a refund for power of attorney fees, but will be need to be quick to claim as time is running out.In his weekly newsletter on MoneySavingExpert, Martin urged people not to lose out on free cash as the deadline is set at one minute past midnight on February 1.A power of attorney lets you appoint one or more people to help you make decisions

Martin Lewis has been an invaluable source for money-saving news throughout the coronavirus pandemic, often finding long-forgotten loopholes that could save consumers a handy pot of cash they can then put to better use. In the latest edition of the MoneySavingExpert weekly newsletter, the f inancial guru shares tips on how to cut bills, without cutting back in what he calls "my checklist of big and easy savings to ensure your finances are lean and fit for 2021".