Martin Lewis has urged the Government to take action after another 'tragic' energy bills forecast was outlined on Tuesday (August 9). Consultancy firm Cornwall Insight has said it expects the energy price cap to reach £4,266 a year between January and March in 2023.
The company originally predicted an energy price cap rise of £3,615 only a week ago but has already revised its predictions based on rising wholesale prices and changing the method used by the energy regulator Ofgem. Cornwall Insight has said it now believes it was behind on its initial forecast but has said it expects bills to ease slightly by next summer.
It has urged the Government to review the support packages being offered to consumers. Martin Lewis has joined the firm and has accused the "zombie" government of needing to wake up and plan the next steps.
