Martin Lewis has said he has "worries" about schoolchildren buying presents for teachers but has denied reports he is against the idea.
Lewis, the man behind the Money Saving Expert site, which it claims has more than 16 million users a month, posted a message on social media on Friday morning.
He said on X, the site formerly known as Twitter, that he had seen newspaper reports claiming he had called for "some sort of legislative ban" on giving teachers presents.
"That is not my view," said Lewis, but he admitted he had reservations about the personal and financial pressures it can put on people.
"Teachers do an amazing job and I know many people are grateful.
"But I do have slight worries that when you're talking about individuals giving teachers gifts out of their own pockets, then those with the biggest pockets are able to make teachers more grateful.
"Most teachers don't behave in that way, but I do think that sets a moral hazard."
