People have expressed disbelief and fear after Money Saving Expert Martin Lewis warned gas and electricity direct debits would skyrocket by 65% in September. The financial journalist addressed a stark warning to the UK Government ahead of a "bleak" winter, stating that he needed to warn the Conservative Party leadership candidates of just how bad things are ahead of a new appointment in September.
In the ten-minute video, he said people needed to be aware in order to take preventative measures where possible. "The winter coming is going to be bleak. I believe unless action is taken, we are facing a potential national financial cataclysm. As individuals, you need to be aware of that so you can take, if possible (and to be honest, it's not always possible), preventative action yourself.
"Yet more so, the Conservative Party leadership candidates, one of whom will soon become our Prime Minister, need to know how stark things will be on the day they take office. So far, the debate seems to have mostly ignored the fact we are sitting on a financial time bomb that's due to explode in September. And those candidates, in truth, are the only ones with a chance of defusing that catastrophe."
