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Liverpool Echo
Liverpool Echo
World
Christopher Megrath

Martin Lewis warns of 'catastrophic' energy bill hike but relief is on the way

Martin Lewis warned of a "catastrophic" price hike expected in October with a further increase in January - but said there is a relief grant on the way.

Martin Lewis joined the This Morning couch to deliver a grim warning that the cost of living crisis is set to get worse. As energy bills are expected to skyrocket, the Money Saving Expert offered a form of relief for those unable to manage in the form of a rebate.

The government has offered a relief fund to help battle the energy crisis which would see millions across the UK receive a grant of £400. Explaining how it worked, he said: "How will the £400 energy rebate work means everybody's bill will be reduced by £400 in October.

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