By Daniel Hunter

Martin Lewis has sold his MoneySavingExpert.com website for up to £87m.

The high-profile personal finance commentator and campaigner has sold the website to MoneySupermarket.com, who run an online price comparison service.

"This is great news for MoneySavingExpert.com and its users, ensuring, with or without me, the site will be around for many years to come, maintaining our ethos of 'cutting your costs and fighting your corner'," Martin Lewis said.

"MoneySavingExpert.com has become part of people's daily lives, far bigger than the man who founded it, and now is the right time for it to stand on its own two feet."

The deal will need to be approved by the Office of Fair Trading (OFT).

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