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Martin Lewis provides advice to people on fixed price energy bills

Personal finance expert Martin Lewis says he “welcomes” the government’s intervention on energy bills.

“We have had action,” he says, “and it will reduce people’s bills.”

Speaking to Radio 5 Live’s Nihal Arthanayake about what people should do if they’re on fixed rates for their energy, Martin says there’s “no need to do anything” until details are “firmed up”.

“For the few people who are on a more expensive fix, most firms say they will write to you and offer you to move exit penalty free.”

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