Martin Lewis says the cost of living is at its worst in 22 years 4 months ago

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.

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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.

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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."

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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."

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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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