Get all your news in one place.
100's of premium titles.
One app.
Start reading
Liverpool Echo
Liverpool Echo
World
Linda Howard & Ryan Paton

Martin Lewis warns people could lose one third of State Pension to pay energy bills

Martin Lewis has warned people claiming State Pension could lose one third of their annual benefit on energy bills.

The UK is currently facing a cost-of-living crisis as energy bills skyrocketed by 54% in April when Ofgem lifted the price cap. The increase has meant the typical bill has surged from £1,277 to £1,925 a year.

Ofgem's chief executive said in late May that a typical household would pay £800 a year more from October. However, Jonathan Brearley has now warned the price of energy bills in winter is predicted to rise faster than expected.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.