Martin Lewis has appeared on ITV's Lorraine to give a sobering warning amid the energy price cap announcement.
Earlier this morning, it was revealed that Ofgem will rise the price cap by 80 per cent, pushing the average yearly energy bill to £3549. This comes as inflation hits a record high of 10.1 per cent and millions are expected to fall into fuel poverty.
While cost of living payments are being issued and a £400 energy discount is being supplied to every household, financial journalist Martin Lewis has warned that this is not enough as the price cap will jump again in January.
