Martin Lewis says the cost of living is at its worst in 22 years
Sunak maintains that people "should feel confident about the strength of our economy."
Money Saving Expert Martin Lewis has dubbed the cost of living crisis as the worst Brits have faced in 22 years, including the financial crash of 2007.
Ahead of Wednesday's Spring Statement by Chancellor Rishi Sunak, Lewis has made a direct plea to the politician. Speaking on BBC's Sunday Morning, he said that the £693 rise in April would be "catastrophic" for Britain, as 10 million people are in fuel poverty.
“I am virtually out of tools to help people now,” says the Money Saving Expert
Martin Lewis says the UK is facing the worst cost of living crisis he has ever seen#Raworth https://t.co/PYeTp7O30G pic.twitter.com/foekmqPlph
— BBC Politics (@BBCPolitics) March 20, 2022
He explained: "I've been Money Saving Expert since 2000. I've been through the financial crash, I've been through Covid which was mitigated by some of the measures the Chancellor put in place.
"This is the worst - where we are right now, this is the worst."
Martin Lewis says Britain is facing an absolute, not relative, poverty crisis. He says: “I’m the Money Saving Expert. I’m out of tools to help people. Money management will not solve this. We need political intervention.”
— Rachel Wearmouth (@REWearmouth) March 20, 2022
Sunak is not expected to announce any new changes on Wednesday amid the rise in National Insurance, student loan thresholds being frozen and energy bills hiking by 54 per cent.
But don't worry, Sunak maintains that people "should feel confident about the strength of our economy."
Speaking to Sky News' Sophy Ridge on March 20, Sunak said: "The fundamentals of our economy are really good because we've recovered well, because of the actions we've taken, but look, the outlook is uncertain... because of what's happening in Ukraine."
It’s impossible to contain my anger at the bull**** Chancellor Rishi Sunak was allowed to get away with today. So here are the REAL FACTS pic.twitter.com/GehKk1yJh9
— Peter Stefanovic (@PeterStefanovi2) March 20, 2022
Quizzed about action on fuel duty, Sunak whipped out the standard Tory response of: "Obviously I can't comment on specific things.
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