Martin Lewis is calling on Boris Johnson and the Tories' two candidates set to replace him as Prime Minister to "urgently intervene" with a plan amid worrying forecasts for energy bill increases in October.
The Money Saving Expert founder spoke to Radio 4 on Thursday morning in the wake of Cornwall Insight predicting a 77% increase to the energy cap in October 2023. If correct, that would mean customers on default tariffs will pay at least £3,500 a year on typical bills, up from the £1,971 set in April 2022.
Mr Lewis said the "zombie Government" must not wait until the conclusion of the Tory leadership contest to decide on help for households who will face the energy price cap rising to £3,500 or more. He dismissed the extra help promised by Mr Sunak and Ms Truss during their leadership bids as "trivial" in the face of bills which are set to be £2,300 a year higher than they were last October.
