Energy prices are rising from October 1, with the Energy Price Cap going up by 10%. From October 1, the unit rate for electricity will be 24.50p per kilowatt-hour, for a standing charge of 60.99p per day – this is the fixed daily fee you pay,

The BBC Sounds and ITV star has spoken out in the latest Money Saving Expert newsletter, which landed in MSE subscriber inboxes on Wednesday morning.

MSE Martin Lewis has issued an update regarding those who bought a car before 2011 and whether they could be owed money

But for an estimated 48 million of us in the UK, (those without smart meters), Martin Lewis and the team at moneysavingexpert.com have warned there’s an important step we need to take, to avoid being charged more than we should after the price cap rises.

Martin Lewis has warned that people across the country may be doing more financial harm than good by buying loads of presents for Christmas

The MoneySavingExpert.com founder said the warning is "urgent" as he told people to stock up before the end of the month

In order to avoid this, you can submit your readings within the next six days before October 1, or take note of your reading and submit it after the price cap rise, as some companies allow you to backdate your reading.

The money-saving expert has warned on BBC Radio 5 Live that you could be doing more harm than good by buying presents for everyone you know this Christmas

Although Christmas may still feel a mile away it is not too early for those travelling via train to start planning their journey.