As we wait to hear what new Prime Minister Liz Truss will do to help struggling households amid the cost of living crisis. Martin Lewis has shared what you should do if you're on a fix energy bill and the price cap is frozen. It is widely expected that when the government announcement is made, we will see a freeze on the energy price cap at £2,500.
Lewis, who has been branded the people's champion when is comes to financial and money saving matters, was fielding questions from viewers on ITV This Morning on Wednesday, September 7. Birmingham Live reported that Mr Lewis said: "The honest answer is I don't know. I think you'll get out with exit penalties - but I'll be lobbying for anybody who has fixed to be able to switch to standard tariffs without exit penalties.
"We are in rumour territory as it stands. I can't give you a firm answer." He told Holly Willoughby and Phillip Schofield: I'd probably sit on your hands for a day or two and wait to see what the announcement is."
