The Martin Lewis Podcast BBC Radio 5 Live

Martin explains if you have to pay tax on your pension. Banks which are currently willing to pay you to switch, just six weeks ago there were none, so this is a lucrative time to look at your banking.
And we hear your budget wedding stories, explaining how to keep the cost down.

It’s a bonus mini episode as Martin explains what the newly announced Ofgem energy price cap for July means for you – and why there could be bad news in store for October.

Martin looks at the cheapest ways to spend money abroad, reflects on the impact of the fall in inflation and discusses the quarterly energy price cap update.
And you ‘Tell Us’ when you’ve complained and won.
This episode was recorded on lunchtime on 22nd May 2024 – shortly before the General Election date was confirmed.

Martin hears your ‘money-festo’ ideas – if you could change one consumer law or rule, what would it be – and why?
He and Nihal are joined by former government adviser and policy expert Polly MacKenzie – to assess how practical the suggestions are – as our very own “Polly-filter”.
Could we regulate shrinkflation, give parents that chance to book term-time holidays, offer tax-cuts for downsizers, or make the morning commute tax deductible? And would any of those ideas actually work?

On this week’s podcast Martin explains how you can buy voluntary National Insurance years to boost your state pension and why it is one of the most lucrative things many can do with their money. TELL US is about if listeners have ever taken money from their childrens accounts to help the household finance, or broken their piggybanks. Later in the pod, Martin shares his latest money-saving tips and Nihal attempts another tricky Mastermind question.

This week on the podcast, Martin has a message for people entitled to PIP who might be worried about potential reforms to these payments. You ‘Tell Us’ the best financial advice you’ve received from your parents and grandparents. And finally, there are some new energy fixes to take advantage of - and they’re below the price cap. Martin also shares with us what it was really like hosting Have I Got News For You.