Martin Lewis warns £400 energy bills rebate ‘has gone’ as price cap set to soar further

Posting the video onto the MoneySaving Expert website this morning, Mr Lewis warned that the UK was about to hit a “financial cataclysm” and that it was going to hit this just as the UK is to get their new Prime Minister. Posting it to Twitter, he called the video a letter to the Conservative leadership candidates to “help” them understand the situation and urged them to bring the cost of living crisis to the “front and centre of the debate”. Mr Lewis accused the candidates of “ignoring” the “financial time bomb that’s due to explode” just as the new Prime Minister takes power. He also stated that “more intervention and action” was needed and it needed to be quick.