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Daily Record
Daily Record
Lifestyle
Linda Howard

Martin Lewis issues important update on 'unfair' energy Direct Debit monthly payment hikes

Martin Lewis has been helping millions of households through the energy crisis by sharing the latest updates on projected increases to come later in the year and realistic ways to manage increasing gas and electricity costs.

Earlier this week, the financial guru shared on social media that the price of wholesale gas is at its lowest level since October 2021, but warned that it is still nearly three times the old, typical run-rate.

This could mean Ofgem’s next price cap review in October may be less of a rise than the 30 per cent currently being predicted by energy analysts.

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