Unbelievable! A news presenter just admitted on air ‘I don’t understand a thing about politics!’
I was just listening to the radio. A news presenter had just had a point about economics explained (rather well) by the in-house correspondent. Yet he replied, with an almost audible shrug of his shoulders and a laughing lilt in his voice, by saying: "I don’t understand a thing about finance." Now, apologies for deliberately mistitling this...
An open letter to the energy select committee about comparison sites
This week the energy select committee took evidence from five comparison sites about energy switching, and in plain parlance, they gave them a kicking. While it made interesting watching on the BBC Parliament channel, I’m slightly concerned that it may unwittingly end up doing more harm than good – as you’ll see explained in my letter below....
What happened to the £10m I promised to donate to charity?
Update: 3 November 2016: A new version of this blog is now available here: What happened to the £10m (now £20m) I promised to donate to charity? In June 2012 I pledged, as part of the announcement that MSE was joining the MSM group, that charities would receive £10 million. So for transparency’s sake I want to...
Labour’s plan to cut tuition fees to £6,000 is a financially illiterate policy
Labour has long touted that it may cut English tuition fees to £6,000 if elected. Today university chiefs wrote a letter about the proposal that made the front pages, saying that they’d struggle to survive on such a drop of income. Yet as I explained a year ago when it was first mooted, the biggest problem with...
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Recent Blogs
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Is it time to ban Christmas presents?
14 September 2020
Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of... -
Martin Lewis: I confess, I did a 'decoy effect' experiment on my Twitter and Facebook followers… and it may be why they're buying more Jaffa Cakes
7 September 2020
Behavioural economics is a powerful science. Some retailers are undoubtedly using it to make us pay more to get less. One element is the 'decoy effect' – where a higher-priced item is sold, to make items next to it look like bargains. So I wanted to do a little experiment to test it -
Martin Lewis: Payment holidays extended – but should you take one? Mortgages, credit cards, loans, payday loans, car finance and more
11 August 2020
Within the last week, we've seen the extension of coronavirus credit card, personal loan and overdraft help to 31 October 2020, with mortgage payment holidays already extended. The regulator's other help schemes are also likely to be extended too, including car finance and payday loans, yet should you do it?
