Martin Lewis

Person

Last mentioned: Mar 18, 2026

Timeline

  1. Migration Deadline

    Target date for the majority of legacy benefit claimants to have moved to UC.

  2. New Cap Implementation

    New, potentially higher energy rates take effect for millions of UK households.

  3. The Crunch Point

    Ofgem expected to announce the Price Cap for July-September, likely reflecting recent wholesale spikes.

  4. Price Cap Reduction

    Regulated energy bills drop by 6.7%; existing fixes cut by up to 9%.

  5. Regulatory Implementation

    New energy price cap levels take effect across all standard variable tariffs in the UK.

  6. Price Cap Implementation

    The new Ofgem regulatory price cap officially takes effect for all variable tariffs.

  7. National Meter Reading Day

    Consumers urged to submit readings to lock in prices before the cap change.

  8. Switching Deadline

    Recommended final date to apply for new fixed-rate deals to ensure processing before April 1.

  9. Lewis Penalty Warning

    Martin Lewis issues high-profile alert regarding the £100 fine risk.

  10. Lewis Intervention

    Martin Lewis issues a public warning for consumers to switch or fix before the deadline.

  11. Lewis Advisory Issued

    Martin Lewis issues national warning for households to review energy tariffs.

  12. Miliband-Lewis Briefing

    Energy Secretary Ed Miliband calls Martin Lewis to discuss wholesale price volatility.

  13. Cap Announcement

    The regulator officially announces the new price cap levels effective from Q2.

  14. Wholesale Monitoring

    Ofgem begins the assessment period for wholesale energy costs to determine the April cap.

  15. Migration Acceleration

    DWP begins accelerated migration for those on Tax Credits only.

Stories mentioning Martin Lewis 4

regulation Bearish

Energy Bill 'Ticking Bomb': Martin Lewis Warns of Looming Price Surge

Personal finance expert Martin Lewis has issued a stark warning that UK energy bills represent a 'ticking time bomb' due to rising wholesale costs linked to conflict in Iran. While prices are set to fall in April, a significant 'crunch time' is expected in May when the next regulatory price cap is announced.

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