Households are facing a “fiscal punch in the face” when the energy price cap rises next month, Martin Lewis has warned MPs.
The Money Saving Expert, who is a consumer champion, gave the stark assessment ahead of Chancellor Rishi Sunak’s spring statement tomorrow and an expected huge rise in energy bills next month.
He told MPs: “About a year ago for somebody on typical use, and of course if you use more your bills are higher and if you use less your bills are lower, you would have been paying £800 on the cheapest fix.