Martin Lewis was left emotional as he admitted he has been forced to send back his OBE.
The emotional telly star took to social media to share the news.
“They’re taking my OBE off me!” the Good Morning Britain said before explaining that he was being upgraded to an CBE instead.
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The “money saving expert” was awarded an OBE in the Queen’s 2014 Birthday Honours for or services to consumer rights and to charitable services through the MSE Charity Fund.
For his work during the current Cost of Living Crisis, he has been given a CBE (Commander of the Order of the British Empire).
This means he must give back his OBE (Order of the British Empire).
A CBE is the highest-ranking Order of the British Empire award somebody can receive (not including a dame or knighthood) after OBE and then MBE.
People in the replies to his tweet congratulated Martin.
Davina McColl wrote: “Oh Martin!!! I’m so chuffed for you. I cannot think of anyone who deserves it more.”
Someone else wrote: “Well done on the new upgraded award. Personally I think you deserve a knighthood for all the work and effort you have put into, not just saving people money, but for banging a HUGE drum to raise awareness for people of their rights…”
Another user agreed, saying: “You deserve a knighthood Martin”.
When he was awarded the OBE in 2014, his company, MoneySavingExpert wrote on their website: “The first thing to say is, well done Martin, and thoroughly deserved.
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"He built MSE, starting it with a meagre £100 just over 11 years ago and turned it into an institution for many of our users to help them save cash.
“But he also created the campaigning bandwagon that has seen MSE lead the successful fight to get financial education on the school curriculum, help millions reclaim unfair bank charges and mis-sold PPI, and put the pressure on regulators to tighten controls on payday lenders.
In some cases, MSE has helped people out of a debt mire to such an extent that it has actually saved the lives of those who had threatened to end it all, such was the terrible strain their debts were taking on them. That’s a message that has come directly from those who we have helped, and is not a gushing self-congratulatory comment by us.”
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