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Business
Sam Barker & Aaron Morris

Martin Lewis issues warning to anyone in the UK with a fixed-term energy deal

Martin Lewis has warned UK households who have just fixed their energy deal that they should be prepared to cancel to save money in the long-run.

As Liz Truss reportedly considers freezing Ofgem's energy price cap to deal with the cost of living crisis, the MoneySavingExpert has warned that this would be little to no help to those on fixed rate packages.

Although the Government has not set anything in stone just yet, speculation is that Truss could announce a freeze on energy bills in the region of £2,500 per household from Thursday.

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