# Citizens Advice to receive £1 million via sale of MoneySavingExpert.com

- Link: https://fundraising.co.uk/2012/06/01/citizens-advice-receive-1-million-sale-moneysavingexpertcom/
- Published: 2012-06-01T11:04:57+01:00
- Author: Howard Lake

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](http://www.bbc.co.uk/news/business-18295587) 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.”

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