Martin Lewis has issued a grim warning that a “potential national financial cataclysm” is coming over the next few months in a stark video open letter to every household across the UK and the Conservative Party leadership candidates. He urged the future Prime Minister to address the ‘financial time bomb’ the country is sitting on before it explodes in September.
The founder of MoneySavingExpert.com (MSE) has been raising his concerns on multiple media platforms to try and steer the conversation to the crisis that’s coming in order to prevent it. Since Cornwall Insight shared its latest prediction for the October price cap - which is now expected to rocket by 65% to an eye-watering £3, 240 - Martin Lewis has been on a mission to effect change and help people prepare for the financial challenge ahead.
In what he dubbed a “warning video” the financial guru made it clear that the time for talking is over and the time for action is now.
