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Martin Lewis' 'crisis warning' to everyone with a UK savings account

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MoneySavingExpert.com newsletter, he said: "I've been the Money Saving Expert for 20yrs (I know, thanks, I look younger) and can't think of a worse time for savers. "The market's top easy-access rate's just 0.75%.

I'd once have shrieked 'ditch & switch' at such paltry fare."  But that doesn't mean you should just give up - and Martin had a four-point plan to make sure you still get the best value you can, reports the Mirror. "Here's how to fight for every scrap of interest," he wrote."Overpaying often beats saving," Martin explained."If the interest you're charged for debt is higher than what you earn on savings, clearing the debt pays.""As a bare minimum, move savings to top easy-access accounts," Martin said."Easy access means you can.

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