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Wales Online
Wales Online
Ryan Paton & Naomi Corrigan

Martin Lewis shares 15 'need to know' points of advice after PM energy announcement

Martin Lewis shared 15 points of advice after New Prime Minister Liz Truss announced the energy price cap will be frozen at £2,500. As reported by the Liverpool Echo, finance guru Martin reacted to the announcement with some 'need to know' points.

They include confirmation that anyone who has recently moved onto a more expensive fixed deal will be able to move contracts without any exit penalties. Martin said: "I've been told this directly by the Secretary of State for Business as it's what I was arguing for.

"Those on fixes, can either stay on them, or can leave and switch to the new state subsidised tariffs with no exit penalties.'" The founder of MoneySavingExpert has been issuing advice to energy customers throughout the cost-of-living crisis.

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