Martin Lewis: Energy price cap to rise by 51% on 1 April – should you fix now?
I've been calling for Government intervention to prevent an energy bill crisis before 1 April, when the price cap - which most bills are now based on - is predicted to rise 51% adding typically £600/yr to bills, a nightmare that'll throw millions into fuel poverty. Unsurprisingly, with this prediction many are asking me if they should now move off the price cap to fix?
11 January 2022
Energy firms wrongly force home movers on to fixes - we report them to the regulator
Firms including Octopus and Scottish Power have forced some home movers - both those renting and buying - on fixes that can be up to double the price cap.
4 January 2022
Martin Lewis: Energy price cap now due to rise by a 'horrid' 40%+ in April
Martin Lewis warned households to "do nothing" with their energy supply and not to switch in the tenth episode of The Martin Lewis Money Show.
3 December 2021
Orbit Energy and Entice Energy cease trading – here's what it means for your gas and electricity
If you're affected, your supply will continue and credit balances are protected. While it's likely you'll pay more now, there are no savings to be had by switching.
25 November 2021
Bulb collapses into 'special administration' – what it means for your gas and electricity
Under the special administration there is no change to your supply and any credit balances will be protected. If you're on prepay, you can also continue to top up as normal, while if you're in the process of switching to or from Bulb, this will also proceed as planned.
25 November 2021
Neon Reef and Social Energy Supply cease trading – here's what it means for your energy
Neon Reef and Social Energy Supply, which have over 35,000 household customers between them, have become the latest energy providers to cease trading – meaning 19 domestic energy suppliers have gone bust since September.
22 November 2021
Government stops sending misleading 'save £290 switching energy' notices, after MSE intervenes
The Department for Work and Pensions (DWP) has scrapped envelopes which wrongly advised 10 million people, many of them vulnerable, to switch energy tariff after MSE intervened.
16 November 2021
Government WRONGLY tells 10 million people to switch energy tariff – many of them vulnerable
In an embarrassing move from the DWP, 10 million people will receive a letter with information encouraging them to switch to a cheaper energy tariff, despite energy prices at a record high and firms going bust left, right and centre.
10 November 2021
Ofgem orders Utility Warehouse to pay £1.5m for failing customers in debt - here's what to do if you are struggling to pay your bills
Energy regulator Ofgem has told Utility Warehouse to pay £1.5m after it failed to support customers who were struggling to pay their bills. This then led some of these customers to find themselves in financially worse situations.
10 November 2021
Martin Lewis: Avoid pressure to switch to a new fixed energy deal once your current one ends
MoneySavingExpert.com founder Martin Lewis has reaffirmed his message to consumers to sit tight and avoid switching to a new fixed-price energy deal.
26 October 2021
12 January 2022
Martin's 'cut debt costs' masterclass
Incl 35mths 0% balance transfer
Booking a holiday?
Get travel insurance ASAB from £9
Cheap 'day two' travel tests
Can you get £5 off £20 at Amazon?
Just stream a song
Energy price cap to rise 50% in April
Should you fix now?
Free tool to protect property
Incl FREE £4 plant-based meat
Read the full email
For all the latest deals, guides and loopholes simply sign up today – it's spam-free!
17 January 2022The cost of a TV licence will remain frozen for the next two years, the Government has announced. Households will not see any increase to their £159 a year bill until 1 April 2024.
17 January 2022Amazon has shelved plans to stop people using Visa credit cards to buy items on the shopping platform from 19 January.
Barclaycard makes mysterious payments to customers who were wrongly charged, with some receiving £300 - here's all you need to know17 January 2022Barclaycard is giving refunds to hundreds of credit card customers who have suffered issues relating to operations procedures, default fees and incorrect interest charges. Here's what you need to know.
Universal Credit and other benefit claimants in Northern Ireland to get £200 towards energy bills - here's what you need to know14 January 2022It comes as part of a new £55 million support package designed to help around 280,000 people with the cost of living.
14 January 2022Savings app Chip has simplified its membership plan structure, reducing it from three plans to two, and has also added its autosaving feature to its free 'Chip' plan. These changes – which came into effect on 14 January – apply to both new and existing customers.
29 December 2021
29 November 2021I was invited on to BBC Radio 2 Vine's 'What Makes Us Human' programme. The brief: "write then read out an essay on one unique element of humanity, interspersed with some autobiographical notes".
21 September 2021There are more myths and misunderstandings about student finance than any other subject. So in this blog is my updated 2021/22 version of the must knows, with links to far more info.
14 September 2021Update September 2017: It’s eight years since I first braved this subject, expecting a snowstorm of protest. Instead, year after year more join in, like Julia who recently tweeted me, “@MartinSLewis, finally took your advice and told my family I can’t afford Christmas presents. What a weight off my mind. Thank you.” One year even the Archbishop of...
Clever ways to calculate your finances