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Wales Online
Wales Online
Jackie Annett & Lucy John

Martin Lewis issues urgent energy bills warning as costs spike

MoneySavingExpert founder Martin Lewis urged Britons to "act as soon as possible" before things get even worse during the cost of living crisis. In the past he warned against switching energy provider but after energy bills spiked again this week he has updated his advice.

Some 22m families who are currently on the standard energy price cap due to a lack of other options could benefit from Martin Lewis’ latest tip. The financial journalist tweeted to warn Britons that energy firms could be about to remove their cheapest energy fixes and now is the time to act.

He wrote on Twitter: “It's plausible energy firms will pull the cheapest existing customer fixes and replace with costlier. If you are considering fixing, my best guess is go ASAP.” The Express reported him hinting at switching energy deals during an interview with BBC Radio 5 Live presenter Nihal Arthanayake earlier in June.

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