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Martin live on ITV drove the point the announced cap isnt very meaningful
Well played on him for this, explaining the unit rate or even an announced % increase is much more useful information.
skip 1:20
https://youtu.be/rFCXDVZiMTI?t=80
skip 1:20
https://youtu.be/rFCXDVZiMTI?t=804
Comments
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Some pretty stark words from Martin Lewis on the coming crisis.
Fair play to Mr Lewis - he could have ridden off into the sunset when he sold MSE in 2012, but he has remained involved - both in MSE itself, but also in a wider context in terms of offering advice and also campaigning and trying to shape policy (e.g. through the Money and Mental Health Policy Institute).
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Yes, I wish we could thank him in a meaningful way to show our appreciation. Government doesn't always see the individuals who are affected as people, just statistics. I am VERY scared of the future. Given how many posts have been made on this part of the forum, a lot of us are, not surprisingly.0
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You can tag him here @MSE_Martin - although I’ve no idea if he reads the forum at all any more. He certainly used to, though!🎉 MORTGAGE FREE (First time!) 30/09/2016 🎉 And now we go again…New mortgage taken 01/09/23 🏡
Balance as at 01/09/23 = £115,000.00 Balance as at 31/12/23 = £112,000.00
Balance as at 31/08/24 = £105,400.00 Balance as at 31/12/24 = £102,500.00
£100k barrier broken 1/4/25
Balance as at 31/08/25 = £ 95,450.00. Balance as at 31/12/25 = £ 91,100.00
SOA CALCULATOR (for DFW newbies): SOA Calculatorshe/her0
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