Martin Lewis makes alarming 'warm banks' prediction on cost of living crisis as heating prices soar

Martin Lewis has made an alarming prediction on the crippling extent of the cost of living crisis, suggesting that 'warm banks' could be required to help those who struggle to pay soaring energy bills.

While the country is enjoying scorching weather at the moment, with temperatures set to climb even higher by the weekend, as a weather warning is issued, thoughts are already turning towards the winter and how people will be able to heat their homes as Brits feel the severe crunch of the cost of living crisis.

Customers are being made to shell out hundreds more than they're used to for their energy, with estimated bills for the coming year already causing panic as people worry about just how they're going to be able to afford to pay.