A new Prime Minister is in place and after promising action on energy bills in her first week in office, hopes are high that PM Liz Truss will deliver. Consumer champion Martin Lewis has spoken out on the rumours of an energy price freeze and what that would mean for the consumer.
The MoneySavingExpert founder said he "would welcome" Government plans to freeze energy bills. However, he has called for more help for fixed-rate customers.
The Government has not yet confirmed any specifics on how help could be delivered to Brits on the energy crisis, but Liz Truss is reportedly considering a freeze on energy bill prices, according to The Times, which reported Truss could freeze energy bills at around £2,500 per household. According to the Mirror, which quoted experts, the freeze would cost between £90billion and £130billion.
