Martin Lewis recommends four changes to Chancellor ahead of Budget

Business & FinancePersonal Finance
28 Oct 2026 • 5:41 PM MYT
The Independent
The Independent

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Martin Lewis recommends four changes to Chancellor ahead of Budget

  • Martin Lewis has met with John Healey to present recommendations ahead of the government's upcoming Budget.
  • The Chancellor unveiled plans to abolish standing charges on gas bills from 2027, with Mr Lewis praising the government’s plans to scrap the “poll tax on energy”
  • The Money Saving Expert founder predicts an intervention package to help vulnerable households tackle a forecast 25 per cent rise in energy prices in January.
  • Lewis suggested doubling the £150 Warm Home Discount and potentially scrapping standing charges on energy bills. His key requests also include reversing plans to freeze student loan repayment thresholds and protecting state pension earnings from net losses.
  • Lewis acknowledged the severe financial constraints facing the government, noting the difficulty of delivering meaningful cost-of-living relief without major funding.

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