
Money saving expert Martin Lewis has warned that people will die this winter as the October energy price cap is set to soar 80 per cent in October.
The energy price cap will increase from the current £1,971 to £3,549 from 1 October, regulator Ofgem has announced this morning.
Reacting to the announcement this morning, Mr Lewis said the most vulnerable will be hit hardest by soaring energy bills.
“I’ve been accused of catastrophising about the energy hikes that have now come true,” Mr Lewis wrote.
“Yet let me be plain, ‘doom-mongering’ or not.
“More help is desperately needed for poorest or people will die this winter due to unaffordability of an 80 per cent so far energy price cap hike.”
Meanwhile, Scotland’s First Minister Nicola Sturgeon said the energy price cap is “simply unaffordable for millions”.
She tweeted: “This rise must be cancelled, with the UK gov and energy companies then agreeing a package to fund the cost of a freeze over a longer period, coupled with fundamental reform of the energy market.”