Martin Lewis issues stark October energy price cap warning

Martin Lewis has been the go-to man for money-saving recommendation for 20 years, nonetheless, following the October vitality value cap announcement, he has stated he’s ‘out of instruments’ and ‘individuals will die’.

On Friday morning vitality regulator Ofgem introduced that the vitality value cap was as a consequence of rise by one other 80 per cent in October. Talking on BBC Breakfast (opens in new tab)Martin Lewis harassed that we are actually on the level the place authorities intervention is required, as the rise in vitality costs has gone past even his money-saving skills. 

‘I’m seeing such horrible panic on the market from individuals saying how am I going to pay my payments,’ he instructed presenter Charlie Stayt. ‘I’m begging, and pleading that there’s extra authorities assist for this winter so that folks is not going to, and this isn’t catastrophising, it is a disaster, that folks is not going to die due to it this winter. 

‘Some persons are going to have huge well being issues as a result of they don’t have heating of their dwelling.