Martin Lewis reveals bullish situation around energy prices inWe realized it inin the UK. Like a desperate and lonely voice of reason, the founder of MoneySavingExpert.com has been warning the British public and politicians of impending financial doom. Yet, far from heeding the call, our incompetent government is like a deer in headlights. Paralyzed and unable to take discernible actions.
Today, onITV's Good Morning Britain, Lewis said: – At that point, viewers could see the anger swelling within him. The scale of the pandemic…”.
Just yesterday, experts warned that UK household energy prices would surge to a devastating £4,266 a year in January. But this shouldn't come as a surprise to any of us - at least to those who've been paying attention to Lewis. In a sea of turmoil and political stances, he became a clear and fearless spokesman for the nation, standing up for those who were hit hardest when the entire political system fell apart.
Earlier this year in May, he noted that something "stinks". That's because energy companies have started raising their direct debits to amounts well above Price's cap.
Shortly after being informed that Ofgem is raising the price cap. Understandably, Lewis was outraged by the revelation, calling it a "f***ing disgrace" for protecting energy supplier interests and raising prices for consumers.
Then in June he said that if energy prices continued to rise and the government did not provide more financial support, protests, strikes and even riots would follow.
By early July his frustration with government inaction and infighting was evident. "Utility costs will rise to £3,000 in October. Food, mortgage, rent, transport and& petrol prices are soaring. The Bank of England said today that the economic outlook has deteriorated significantly. And we don't have a prime minister
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While receiving a CBE from Prince Charles,He listened to the royal. When I got the ears of the Prince of Wales at such a moment, it seemed the right time to make use of them.
He added:
And by the end of July he sounded even more desperate.
In a message to Rishi Sunak, Liz Truss and Boris Johnson, he wrote: The mental health hazards taking place across the country."
All of this -- Lewis' frenzied cries, the downright bleak outlook, the predictions of huge energy prices -- begs the question: the government When to step out? It's not enough to just sit back and denounce the current Tory leadership struggle. The British public deserves more, and more importantly,needs.
