Citizens Advice to receive £1 million via sale of MoneySavingExpert.com
Howard Lake | 1 June 2012 | News
Citizens Advice is to receive a £1 million donation from personal finance commentator and journalist Martin Lewis following the sale of his MoneySavingExpert.com website for around £87 million.
The site, set up in 2003, is being sold to online price comparison service MoneySupermarket.com, with Lewis staying on as editor-in-chief.
He told the BBC that “In keeping with the site’s aims, when the deal completes, £10 million will go to charity, including £1 million to Citizens Advice, which is facing terrible funding cuts.”
www.moneysavingexpert.com
About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale.
He is the founder of Fundraising Camp and co-founder of GoodJobs.