Martin Lewis has warned people emptying their bank accounts to hold-off because their money is still safer inside, despite the coronavirus pandemic.
Due to Covid-19, Martin has been doing his usual slot on ITV’s Good Morning Britain via a video link from his home in north-west London.
Kate Garraway, still in the studio, tells him that people have been phoning in to say they have heard of people "emptying their bank accounts" and hoarding cash in their homes.
Looking concerned, Martin replies: "Things are certainly safer in your bank than they are being held in your home where only home insurance is protecting you." The money guru reckons you "probably only get up to £1,000 of cash protection" included in your home insurance.