Martin Lewis says he won't be re-applying to join the House of Lords trends now

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Consumer champion Martin Lewis has said he will not re-apply to become a member of the House of Lords after being rejected last year as it 'won't make a difference'.

The money saving expert said he would not enjoy sitting as a peer and added he already had enough influence as a public figure.

Mr Lewis's application  to become a cross-bench member was turned down in 2022 as he could not commit to enough time to the role.

Although he planned to re-apply at the time, he now says he no longer wishes to become a peer.

The broadcaster has now said he does not think being part of the House of Lords would make any difference to his influence given his considerable popularity on TV.