Martin Lewis was back at the helm of Good Morning Britain as part of a new weekly appearance alongside Susanna Reid. The Money Saving Expert founder is no stranger to the ITV news programme.
17.08.2022 - 15:15 / manchestereveningnews.co.uk
It's been a tough few months keeping up with our gas and electricity bills and unfortunately it's only going to get harder for us and many others.
The energy crisis isn't going anywhere and something drastically needs to be done to help millions that will be facing fuel poverty, but the latest advice hints at paying even more on those dreaded direct debits for a brighter, cheaper future overall.
Martin Lewis, the man behind Money Saving Expert, took to social media last week to discuss the devastating blow the energy price cap predictions will have and stated that the amounts are "unaffordable for millions." While help has previously been announced from the government in the form of grants, nothing further has been added.
Cornwall Insight, energy analysts are predicting that the energy price cap, set to be announced by Ofgem in October, will be £3,582 for the year, £200 higher than their previous estimate.
READ MORE: British Gas customers urged to check these things ahead of new energy price cap
They then went on to say that the energy price cap, which limits the rates a supplier can charge for each unit of gas and electricity you use, will increase again in January 2023, to £4,266. It means the average household would be paying £355 a month, instead of £164 a month currently.
Mr Lewis and the MSE team have suggested that looking into fixed tariff plans with selected energy providers may be cheaper in the long-term, but of course costly in the short-term. I decided to take this advice to see if paying over the odds may elevate some of the costs from the proposed energy price caps in October and January.
It's important to note here that the advice from Mr Lewis and the MSE team isn't set in stone, and is only a proposed
Martin Lewis was back at the helm of Good Morning Britain as part of a new weekly appearance alongside Susanna Reid. The Money Saving Expert founder is no stranger to the ITV news programme.
It pays to keep an eye on rising prices at the nation's biggest supermarkets - as we've discovered this week. Prices have risen on minced beef at Aldi - and that has had an unexpected knock-on effect over at Sainsbury's.
A 23-year-old disabled woman may have to move in with OAPs at a nursing home as she can’t afford to pay for electricity to power her life-saving equipment.
Marc Anthony and his fiancee Nadia Ferreira received a warm welcome upon their arrival in Paraguay. As soon as they landed on Paraguayan soil, the local media swarmed around the beauty queen, also known for being the first runner-up in the last edition of Miss Universe. Ferreira is in her native country to pass the crown to the upcoming queen, Miss Paraguay 2022.
As the school summer holidays draw to an end, single mum Bev Arrowsmith had felt a small sense of relief, as her children could return to eating free school meals and wouldn't be spending all day at home.
Rylan Clark hit back at viewers who accused him of being 'too rich' to understand the energy crisis as he hosted ITV's This Morning alongside Ruth Langsford on Friday morning. It came as the pair reacted to the news that the energy price cap would soar by around 80 per cent to £3,549 from October.
Energy bills are set to rise again when a new price cap comes into effect in October. On Friday, Ofgem announced that the energy price cap would be set at £3,549 this autumn - an increase of around 80 per cent on the current cap of £1,971.
Rylan Clark was forced to hit back at This Morning viewers on Friday after many suggested that he didn't need to worry about the rising price of energy bills. Rylan, 33, has been hosting the ITV show alongside Ruth Langsford, 62, over recent days while Phillip Schofield and Holly Willoughby continue to enjoy their summer break. On 26 August it was announced that the energy price cap is set to increase again from 1 October, and Money Saving Expert founder Martin Lewis appeared on Good Morning Britain, This Morning and Lorraine to provide advice.
Like the rest of the country today, This Morning hosts Rylan Clark and Ruth Langsford reacted to the rocketing energy price cap amount that was confirmed earlier by Ofgem.
Martin Lewis has made an urgent plea to the government and future prime minister as households prepare to brace for the increased energy price cap in winter.
The energy price cap will rise yet again in October, soaring to £3,549 in the autumn. Regulator Ofgem announced the increase on Friday (August 26) and said the new price cap will last for three months until October 1.
Regulator Ofgem today announced that the typical household energy bill will hit £3,549 a year from October 1. This is a huge increase on the current energy cap of £1,971 for the average household.
Martin Lewis has called the new energy price cap "devastating" and has warned that "lives will be lost", as rising costs will put vulnerable people at risk.
The UK’s cost of living crisis is getting worse with many expert warnings about rising bills leaving many worrying about how they will survive the next few months. With autumn and winter approaching many are fearful of a hike in bills and in particular energy bills as they look at how they will keep their homes warm in the colder months.There have been warnings of energy bills surpassing £5,000 next April, according to a recent shock forecast.
As energy costs continue to soar with Autumn fast approaching leading to a drop in temperatures across the country, keeping tabs on your usage is more crucial than ever. Over the last few months, Martin Lewis has warned Brits about the surge in electricity and gas prices, leading to a cost of living crisis that is only bound to get worse once winter arrives.There have been warnings of energy bills surpassing £5,000 next April, according to a recent shock forecast. With many people worried about how they are going to pay their bills it's important to try and reduce energy usage as much as possible.
People in Greater Manchester are being asked where smoking should be banned ahead of plans to create a smokefree space by the end of this year. A new consultation has been launched, inviting residents, community groups and businesses to have their say on the plans to make some outdoor public spaces smokefree with the first to be created in Manchester city centre.
Household energy bills continue to soar as Ofgem increases the price cap once again. Which is why Martin Lewis, the man behind the Money Saving Expert, is urging bill payers to look into fixed tariffs as it may work out cheaper, including for Octopus Energy customers.
Energy bills are rising and many consumers will see their gas and electricity payments shoot up even further from October. Consumers are being warned of sharp rises with the possibility of their direct debits going up before the new cap on energy prices begins.
Energy bills are continuing to sky rocket and many householders will be wondering how they can afford to pay their gas and electricity bills. Latest predictions forecast that annul bills could reach £4,266 in January.
Katie Price has reportedly found herself in hot water with her ex husband Kieran Hayler over a video she shared of their daughter Bunny online. A representative for Kieran reportedly said "alarm bells" rang when he watched the video, which has since been deleted by the former glamour model. The three-minute video showed eight-year-old Bunny eating a lollipop.