Martin Lewis has slammed the Government over rising energy bills , accusing leaders of failing to do enough to support struggling households and warning that vulnerable people will be left “destitute and in danger” as prices soar this winter.
The MoneySavingExpert founder laid into the Tories as he urged that desperate households could not afford to wait for the party to choose its new leader before putting much-needed support in place, The Mirror reports . The news comes after Martin issued a warning on Tuesday that energy bills are set to increase even more than previously thought.
The finance expert broke his social media hiatus to deliver the “tragic news” that the energy price cap was forecast to rise 81% by October this year, and a further 19% in January 2023. Energy consultancy Cornwall Insights has predicted that bills will reach £3,582 per year for the average household by October, before climbing to £4,266 from January 2023, and again to £4,427 from April 2023.