Reeves plans energy bill help for those 'who need it most'

The US-Israel war with Iran is having an impact on costs domestically, with oil and gas prices soaring.

UK Studies Wider Ways to Help Economy on Iran, Starmer Says - Bloomberg.com

UK Studies Wider Ways to Help Economy on Iran, Starmer Says  Bloomberg.com

Government will not bail out wealthy households facing higher energy bills, says Reeves

Chancellor tells MPs that any support this winter will be targeted and will stay within fiscal rules

What levers could Reeves pull to help with rising prices?

What the chancellor could do to counter the economic impacts of Iran war, from stopping price gouging to cancelling fuel duty rises Reeves rules out universal support on energy bills Business live – latest updates Rachel Reeves updated MPs on Tuesday about the steps the government is taking to cushion the impact of the Iran war on consumers and the UK economy. The chancellor stopped short of announcing specific immediate support but said she is contingency planning for the tough months ahe...

By Heather Stewart

Iran oil crisis has cost UK drivers £307m in higher fuel costs – analysis

Oil prices have soared to as much as 120 dollars a barrel in response to Iran’s stranglehold on tankers passing through the Strait of Hormuz.

By Neil Lancefield

Chancellor says UK will help ‘those who need it most’ with energy support

British Chancellor Rachel Reeves said on Tuesday that government support for households to offset the increase in energy costs caused by the conflict in the Middle East would not jeopardise her plans to repair the public finances. “As we respond to this crisis, we must learn the mistakes of the past,” Reeves told lawmakers. She […]