Consumer champion Martin Lewis took to ITV's Good Morning Britain (GMB) today (January 16) with a stark warning to Brits. He stated that the crippling energy costs households are experiencing at the moment will continue and actually rise further before they begin to fall.
Quashing the rumours that energy prices will start to fall soon, Martin appeared on GMB to explain what he described as the ups, ups and downs of energy bills and where they're due to go. He warned that before reductions can be expected, prices will, in fact, go up.
Joining programme hosts Susanna Reid and Ed Balls, the Money Saving Expert explained: "On the first of April, the current plan is that it [the energy price guarantee tariff ] will go up to £3,000 so everyone will see a 20% rise and it will then stay at £3000 for a year until April 2024." Following this stark reality, Martin added a little hope for consumers.
