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Wales Online
Wales Online
National
Lucy John

Eight things Martin Lewis says you need to know as October price cap expected to rise 51%

Thousands of people across Wales are feeling the pinch after the energy price cap rose sharply to £1,971 in April. However, worse is still to come in October when it is expected to rise by an extra 51%, bring the price cap to around £3,000 a year.

To help followers prepare for a "bleak" winter and beyond, financial expert Martin Lewis has compiled his top tips in this week's Money Saving Expert newsletter. He explained how currently, households are yet to feel the "huge accelerating impact" of the war in Ukraine, which will hit hard from October.

He wrote: "I had so many questions after briefly mentioning this last week, I wanted to try and answer the biggies." Here are Martin Lewis' essential tips and advice to help you cope with the inevitable rise.

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