Why the energy price cap is broken – it doesn't reflect the price people pay today (video)…
On 1 January 2019, a cap was introduced on the prices that energy firms could charge on their standard (ie, default) tariffs.
Martin Lewis: Why it’s the PERFECT time to check if you can reclaim £100s of energy credit
The sun has got its hat on – hip hip hip hooray. The sun has got its hat on – check your bills without delay. Well, it almost scans, but at least my message is on point.
Should you panic buy fuel? A true prisoner’s dilemma
Many forecourts across the UK have queues, and shortages are starting. I’ve already scootered past one "sold out of diesel" sign. While the potential truckers’ strike was the catalyst, that’s no longer the problem. The issue is the resultant panic. It’s a classic prisoner’s dilemma. The concern is if you don’t act and everyone else does, it’s...
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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?
