The government must release an imminent package of support to help struggling households cope with soaring energy bills, Martin Lewis has urged.
With an energy price cap rising to £3,500 or more, the Money Saving Expert founder said the “zombie government” must not wait until the end of the Tory leadership contest to decide on help for households.
He dismissed the extra help promised by Rishi Sunak and Liz Truss during their leadership bids as “trivial” in the face of bills which are set to be £2,300 a year higher than they were last October.
“I’ve never seen anything like this,” he said.
It comes as oil company Shell reported record profits of $11.5bn, doubling its earnings in a single year while British Gas owner Centrica has seen operating profits increase five-fold to £1.34 billion as energy bills soar.
Both companies profits were substantial increases on earnings compared to the same period last year, sparking fury from commentators amid a worsening inflation and cost of living crisis.
