As reported by The Independent, he noted that about 40% of families will live in "fuel poverty" if the government "sits back and watches prices rise."

“Some are already on the brink, and the situation will worsen,” Lewis is quoted as saying.

He urged the government to intervene immediately, but did not specify what measures should be taken.

Earlier, The Times newspaper wrote that the increase in world fuel prices led to record inflation rates in the UK over the past 40 years.