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ITV's Martin Lewis issues warning to people with £10,000 savings


The finance guru has warned that people who have £10,000 in savings could face losing money to tax, due to lucrative interest rates that are currently on the market.

Specifically spotlighting individuals with £10,000 put away, Lewis highlighted that they might find themselves owing cash to the taxman due to current interest rates offered by banks. On air during The Martin Lewis Money Show Live on ITV, he pointed out that the landscape for taxation on savings "really has changed very much" in recent years. Read MoreRelated Articles Martin Lewis warns drivers to beware of car insurance mistake costing Brits eye-watering sums

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