Money-saving expert Martin Lewis appeared on TV to issue a stark warning to people using Universal Credit.

The finance guru appeared on Good Morning Britain where he continues to press the Government to do more to help tackle the cost-of-living crisis as people could be with less cash due to the benefits system.

And Mr Lewis issued a stark warning to viewers who may soon find they have less cash as universal credit may well be getting cut in real terms, despite it going up.

Speaking on GMB, Martin said: "When we have a situation where Universal Credit itself hasn't been uprated by the current level of inflation because it was the older level of inflation when it was lower.

“And you're actually going to move people onto a new system where they can earn substantially less amid a cost of living crisis, we are again throwing some of the poor in society under the bus.

“Do the Government not understand the timing?"

More than 2.5 million people on legacy benefits will be moved to Universal Credit with the transition underway this week.

The process was previously halted due to the Covid-19 pandemic.

According to figures from the UK government more than 900,000 people could be worse off if the transition is completed.

However, some people could be better off depending on their circumstances.

Last month, Martin urged anyone on a low income or claiming Universal Credit to check if they qualify for a 50 per cent savings boost.

The MSE founder gave his advice on saving during the cost of living crisis and said Help to Save is "unbeatable" and that "many who are eligible rave about it".

The Help to Save scheme pays a 50 per cent bonus up to a maximum of £1,200 over four years. If people save £50 per month, the two 50 per cent bonuses are then paid after two years and four years.

The bonus paid is based on the highest balance in your account during the two previous years with a maximum bonus of £600 each time. The bonus for years three and four is then paid in the amount of your highest balance in those years exceeding your highest balance from the previous two years.