Martin Lewis has predicted energy bills may drop in July - but only after a hefty increase in April.
Household spending on energy bills is expected to reach a record high as retail prices rise further and Government support is scaled back. The typical household energy bill is set to rise to £2,450 in 2023, up from £1,550 in 2022, and £1,170 in 2019.
While energy bills support is scaled back, the report noted that tax rises will be scaled up, with a typical middle-income household set to see their personal tax bills rise by around £1,000 from next April.