Money Saving Expert says: don’t let the Tories blame cost of living crisis on Ukraine war

Martin Lewis: “It is a worsening of the situation – it is not the cause of the situation.”

The UK’s cost of living crisis started in the UK before the Russia-Ukraine war and should not be blamed on that conflict, ‘Money Saving Expert’ Martin Lewis has said.

And he said direct political action to ease the pressure is required – in Chancellor Rishi Sunak’s spring Budget on March 23 – because cutting household expenditure won’t be enough to save people from poverty.

He was speaking on BBC Radio 4’s Today programme on March 10:


“Kwasi Kwarteng has said that many people are willing to make sacrifices because of Ukraine. I think he’s probably right but I am slightly worried that we are seeing what may be potentially a deliberate narrative shift that effectively says the entire cost of living crisis is due to Ukraine, and therefore we all need to make sacrifices/

“That is not correct. What has happened in Ukraine has exacerbated the situation.

“But the rises in energy, heating oil, water, council tax, broadband and mobiles, food, National Insurance, were all in place before Ukraine.

“When we have a Budget – or a Spring Statement – coming in a couple of weeks, we need to be careful not to allow that narrative to happen and to be used as an excuse that we all need to make sacrifices because of Ukraine, and that’s why we have to suck in the cost of living crisis.

“That is not a correct analysis. It is a worsening of the situation – it is not the cause of the situation.”

Mr Lewis added: “We are going to see a real increase in genuine poverty in this country; millions of people being thrown into poverty.

“The only way we can stop that is not by being money saving and tightening our belts; it is by genuine political intervention.

“We have a Spring Statement coming and I would urge the Chancellor: let’s nip this in the bud. Let’s not have people starving or freezing.”

What if the Tories don’t nip it in the bud? What if they want to push this fake narrative? What if they’re trying to use it to avoid providing any meaningful help?

You see, the mass media tries to avoid suggesting it, but this is what we need to ask ourselves:

What if the Tories are actually steering most of us directly into poverty because that’s what they want for us? Are we really going to lie back and let it happen?

Have YOU donated to my crowdfunding appeal, raising funds to fight false libel claims by TV celebrities who should know better? These court cases cost a lot of money so every penny will help ensure that wealth doesn’t beat justice.

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