Finance expert Martin Lewis described a further energy price cap rise in the autumn as "like panto". A one-off live special of this money show aired on ITV on Tuesday with the broadcaster focusing on the cost of living crisis.
“Inflation is at a catastrophic high. Interest rates, food, petrol costs are rocketing and today we hear Ofgem estimating another 42% hike in the energy price,” he said. The audience groaned as he got to the end of his sentence with Martin adding: "Exactly. It feels like panto – I wish it was."
He added: “Together these are curtailing lifestyles for millions of people and I worry they are close to curtailing lives for some who are most in need." But Martin stressed that the show was a “practical not political one” and that he would take viewers’ questions on energy bills and the cost of living crisis.