This Morning money expert Martin Lewis appeared on Thursday’s show, offering fans advice on their mortgages and negative interest rates.
However, watching from home, certain viewers felt Martin had a “habit” of speaking too quickly on the show, particularly when outlining complicated financial points.
The 48-year-old, whose namesake TV series The Martin Lewis Money Show airs this evening, was quick to answer viewers’ concerns about their finances.
Joining Eamonn Holmes and Ruth Langsford in the studio, he waved his hands in the air as he outlined the best ways to save money during the pandemic.
Meanwhile, taking to Twitter, certain viewers suggested Martin spoke too quickly, as they struggled to understand what he was talking about.
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One said: “Ok slow this guy down…..I got as far as good morning.”
“Never trust someone who talks fast,” added a second.
“As always not a f****** clue what Martin is on about,” wrote a third.
And a fourth, who later watched a segment with celeb chef Donal Skehan, chimed: “He talks faster than Martin Lewis.”
Offering viewers sage advice, Martin delved into the subject of negative interest rates on today’s show.
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Responding to caller Hilary’s questions, he said: “I’m getting a lot of questions. Funnily enough Josie [Gibson], who I bumped into socially distanced in the corridor before asked me about this very same issue.”
Referring to negative interest on savings, he explained: “This is because the Bank of England about 10 days ago asked the banks to prepare technically in case they went for negative interest rates.
“That would mean the UK interest rate went negative. That doesn’t mean it’s going to happen. I think it’s still unlikely that we will get mainstream savings rates going negative, but it is now plausible.
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“If we did have negative interest then it would mean that your savings would shrink if we did have negative interest. What I think is far more unlikely is that all savings accounts would have negative interest.
“The top ones are over a percent higher than the UK base rate. Around a percent have a UK base rate.”
Martin continued: “So we’d have to go very severely negative interest rates before there weren’t some savings paying positive interest rates, so people would need to move their money.”
Urging viewers to take action, he added: “The solution is to fix your savings’ rates now.”
This Morning airs on weekdays at 10am on ITV.
Source: Celebrities - dailystar.co.uk