Martin Lewis has spoken out on why bills won't drop despite a drop in wholesale gas prices. The money saving expert appeared on Good Morning Britain on Wednesday (September 21) to speak on the programme's segement dedicated to the cost of living crisis.
Liz Truss set out plans to freeze energy bills at an average of £2,500 a year for two years in her first big act as Prime Minster. The new policy along with a support package for homes and businesses marks one of the biggest government interventions since the financial crisis.
It has been confirmed that prices will drop for most under the Government's new price cap guarantee, but only at most to the level of the new price cap that's on variable tariffs.