Money Saving Expert Martin Lewis has warned what the new Prime Minister must do to help tackle soaring energy costs.
It is understood that Liz Truss is drafting plans to freeze the energy bill price to help struggling families pay their bills throughout the winter period. It comes after Ofgem announced the price cap is due to rise to £3,549 a year for average households from October; an 80 per cent increase from the start of this year which could increase the financial pressure that many families are seeing as a result of the cost of living crisis.
Reports have said Ms Truss will freeze the prices at £2,500 a year, with households still set to receive the £400 rebate from October. And ahead of her announcement on Thursday, Martin Lewis appeared on BBC's Radio 4 Today programme to discuss the potential plans.
