Travel money rip off – what the OFT needs to do
The entire ‘paying abroad’ industry is under scrutiny. A Consumer Focus super complaint on the subject, means the Office of Fair Trading (OFT) needs to give its view on unclear charges and how they work. We were asked to submit our view, so here’s what we said (mildly edited and in a less formal form)… Using debit,...
The Eurozone crisis has little impact on you, but a lot on us
Today’s Eurozone news is bleak. The Greek government’s in turmoil, European interest rates have been cut. It is a genuine financial crisis. Unsurprisingly, the question I’m often being asked is: "What does it mean for me?" So I thought I’d try and give a simple answer. The impact on individual’s finances is limited For most individuals in...
Dear Mr Cameron, if you want more than to just post sticking plasters on people’s finances…
The following text is an open letter to David Cameron, an extract of this was also published in today’s The Sun newspaper, and has been sent to Number 10 Downing Street. Dear Mr Cameron, If you want more than to just post sticking plasters on people’s finances – to end energy switching fears, protect vulnerable consumers, stop...
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Recent Blogs
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Martin Lewis: The one thing everyone aged over 66 needs to know
9 August 2022![]()
It 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. -
Martin Lewis: Don't shop at Zara before you go to Spain, Greece, France or Italy
11 July 2022![]()
Update 17 July 2017: We tend to think since Brexit that the pound’s weaker than it has been for decades. While somewhat true against the dollar, against the euro it’s only a tad worse now than when I first wrote this in 2014. The logic of this blog stands just as strongly now. On the Spanish-English website...
