Martin Lewis has beckoned people to look closely at the fixed rates on offer as the cost of living crisis spirals. The energy price cap will rise to £1,971 a year for the average household this Friday (April 1).
10.03.2022 - 13:27 / manchestereveningnews.co.uk
Martin Lewis has warned that only government action can prevent millions 'starving or freezing' amid soaring energy bills.
The Money Saving Expert founder called on Chancellor Rishi Sunak to use this month's spring statement to alleviate the cost of living crisis.
Speaking on BBC Radio 4's Today programme this morning, he warned that while Russia's invasion of Ukraine had 'exacerbated' the situation, it was not the sole cause..
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He added: "I'm slightly worried that we are seeing what may be potentially a deliberate narrative shift that effectively says the entire cost of living crisis is due to Ukraine, and therefore we all need to make sacrifices.
"That is not correct. What has happened in Ukraine has exacerbated the situation but the rises in energy, heating oil, water, council tax, broadband and mobiles, food, national insurance were all in place before Ukraine.
"When we have a budget or a spring statement coming in a couple of weeks, we need to be careful not to allow that narrative to happen and be used as an excuse that we all need to make sacrifices because of Ukraine, and that's why we have to suck in the cost of living crisis.
"That is not the correct analysis. It is a worsening of the situation, it is not the cause of the situation."
Mr Lewis warned that a typical UK household faced an 'unaffordable' £2,000 rise in energy bills this year, adding that he 'no longer had the tools' to help people save money.
He said the situation could only be resolved through action taken by the chancellor.
He added: "We are going to see a real increase in genuine poverty in this country, millions of people being
Martin Lewis has beckoned people to look closely at the fixed rates on offer as the cost of living crisis spirals. The energy price cap will rise to £1,971 a year for the average household this Friday (April 1).
Money Saving Expert Martin Lewis has issued an important message to anybody paying a mortgage in the UK.
If you're paying your energy bills using a direct debit, then Martin Lewis is here with a warning ahead of the price hike.The Money Saving Expert founder has received a surged of questions from worried bill payers ahead of the price rise, which will see most bills rise by £693 from April 1. Martin, who donated £50,000 out of his own pocket after a This Morning phone-in, has been urging the government to do more to help people ahead of the rise, as well as providing a huge amount of advice for those in need. And he recent took to Twitter to address a question most have regarding their energy bills.
Money Saving Expert Martin Lewis has issued a warning to anyone who uses direct debit to pay for their heating bills.
If there was one comment Martin Lewis thought he'd not find himself having to respond to it would probably be one about his chest hair.
Good Morning Britain viewers have thanked Martin Lewis for grilling the health secretary, Sajid Javid on Monday (21 March). The financial expert, who is filling in for Richard Madeley, took his time to ask key questions about how the government would support the most vulnerable, low income households and medically disabled with the rising cost of energy prices.
Martin Lewis became emotional as he watched a young Ukrainian girl sing the National anthem at a charity concert in Poland. The finance expert, who filled in for Richard Madeley on Good Morning Britain, stumbled on his words as he became “distracted” by the sweet girl’s voice. Amelia went viral earlier this month as she sang 'Let it Go' from Disney’s Frozen from a make-shift bomb shelter in Ukraine, in a clip that captured hearts around the world.
Martin Lewis was almost left overcome with emotion as he hosted Good Morning Britain on Monday and shared an update on the young girl who went viral singing in a Ukraine bunker.
With heating bills on the rise throughout the UK, people are looking for the best ways to cut down their bills.
Money Saving Expert Martin Lewis has issued an urgent warning to anybody whose home falls within council tax bands A-D, and has a message for those in the bands above.
Money saving expert Martin Lewis has warned five major changes are happening in April, and everyone needs to be aware of them.
Last night Money Saving Expert Martin Lewis appeared on ITV for a cost of living special of the Martin Lewis Money Show.