Founder of MoneySavingExpert Martin Lewis has predicted a 'financial cataclysm' for people in the UK this winter after the latest news - which he described as 'sickening'. Martin was speaking in a video open letter top the candidates vying to be the next leader of the Conservative Party, and the next Prime Minister.
Martin said a 'financial timebomb' will explode in September thanks to the next hike in energy bills.
He said: "The winter coming is going to be bleak. I believe unless action is taken, we are facing a potential national financial cataclysm." He has urged who wins the contest to take 'preventative action' adding: "The debate seems to have mostly ignored the fact we are sitting on a financial time bomb that's due to explode in September. And those candidates, in truth, are the only ones with a chance of defusing that catastrophe."
