Martin Lewis tells Liz Truss what must be done in energy bills freeze ahead of Prime Minister announcement

Money Saving Expert Martin Lewis has warned what the new Prime Minister must do to help tackle soaring energy costs.

It is understood that Liz Truss is drafting plans to freeze the energy bill price to help struggling families pay their bills throughout the winter period. It comes after Ofgem announced the price cap is due to rise to £3,549 a year for average households from October; an 80 per cent increase from the start of this year which could increase the financial pressure that many families are seeing as a result of the cost of living crisis.

Reports have said Ms Truss will freeze the prices at £2,500 a year, with households still set to receive the £400 rebate from October. And ahead of her announcement on Thursday, Martin Lewis appeared on BBC's Radio 4 Today programme to discuss the potential plans.

Read more: Liz Truss set to announce ‘bold’ plan to tackle spiralling energy bills

Speaking about the rumoured energy prize freeze that may be announced later today, he said that he 'welcomed' the plans but that they are "not perfect". He added: "We need clarification on whether remaining payments on benefits, the payments for those on disabilities that were planned and announced in May are still going to come through.

"But I think we have to be fair here and as someone who has been begging and pleading that more help comes out, well this is more help. The great benefit of this policy is that it helps everyone - the great problem with this policy is that it helps everyone, it means wealthy people like me will also get our bills cut.

"But absolutely big picture I think we need to welcome that something is being done and that the political will is being changed so that people across the country are not going to face