Martin Lewis discusses the April increase in energy bills
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Martin Lewis, 49, penned a solemn message to his followers on Twitter on Thursday night, after he was left feeling “impotent” by being unable to aid consumers who were desperate for help amid fuel poverty. The ITV presenter called for intervention as he “shook” with anger and fear, as mixed emotions got the better of him.
I’m shaking. Intervention is needed
Posting to his social media after his Money Saving Expert show ended, he wrote: “I feel near tears after doing my show.
“I started doing what I do out of a passion for financial justice & providing solutions.
“To be unable to help a single mum who lost her partner in covid afford her energy bills leaves me feeling impotent…”
He added: “I’m shaking. Intervention is needed.”
In a follow up tweet, he addressed those who suggested he pay to help out the woman in question.
“A few ‘ur rich, pay her bloody energy bill’ replies,” he sighed before offering an explanation.
“This isn’t about 1 person, it’s a totem for millions who’ll be in fuel poverty.
“Instead I try to give answers, lobby for change, & put my money where my mouth is this way,” he added with a link to his pledge to give £10million to charity.
Many took to the comments section to share their views, with one offering a kind word to the down-in-the-dumps presenter.
“I used to feel like that. In my case about education. It drove me to become an MP. You do amazing work. The Government less so. Keep fighting,” Layla Moran wrote, as Martin thanked her for her supportive words.
Another fan sympathised: “People are already rationing their energy, many won’t be having much heating this winter. It’s simply terrifying how quickly the energy prices are rising.”
While some were quick to blame the Government, others offered up a different view.
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“We cannot keep blaming the gov,” someone else sighed.
“Sadly there is no endless pot of money covid has sadly taken its toll on finances within the gov. I have empathy for this person’s circumstances along with many others that are struggling but even if the gov changed the money simply is not there.”
It comes after Martin warned Britons on his Thursday night show that energy bills could rise by over 50 percent in April, adding an “unaffordable” £600 to an average bill.
And the personal finance expert added that householders could see another 20 percent rise in the energy price cap in October.
He called the price cap “misnamed” because there’s no maximum amount a consumer can pay for energy.
Martin explained the price cap is not a cap on total costs but more like a cap on the rate a consumer pays for energy.
The significant increase is being driven by rising wholesale gas prices.
Not only is this having an impact on Britons’ gas prices but electricity bills too, as a lot of the UK’s electricity is generated by gas.
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