UK inflation steady before Iran war; oil price dips on Trump comments – business live
Summary
Rachel Reeves , the UK chancellor, has responded to the inflation figures. double quotation mark In an uncertain world we have the right economic plan, taking a responsive and responsible approach to supporting working people in the national interest. We’re taking £150 off energy bills [from measures in November’s budget] and providing targeted support for those facing higher heating oil costs. On Tuesday, she ruled out universal support to deal with any future rise in energy bills, saying any government help would be targeted, and criticised the support offered by Liz Truss ’s government as unaffordable and irresponsible. Rachel Reeves rules out universal support on energy bills Read more
Rachel Reeves , the UK chancellor, has responded to the inflation figures. double quotation mark In an uncertain world we have the right economic plan, taking a responsive and responsible approach to supporting working people in the national interest. We’re taking £150 off energy bills [from measures in November’s budget] and providing targeted support for those facing higher heating oil costs. On Tuesday, she ruled out universal support to deal with any future rise in energy bills, saying any government help would be targeted, and criticised the support offered by Liz Truss ’s government as unaffordable and irresponsible. Rachel Reeves rules out universal support on energy bills Read more
## Article Content
Rachel Reeves
, the UK chancellor, has responded to the inflation figures.
double quotation mark
In an uncertain world we have the right economic plan, taking a responsive and responsible approach to supporting working people in the national interest.
We’re taking £150 off energy bills [from measures in November’s budget] and providing targeted support for those facing higher heating oil costs. We’re also acting to protect people from unfair price rises if they occur, bring down food prices at the till, and cut red tape to boost long-term energy security — building a stronger, more secure economy.
On Tuesday, she ruled out universal support to deal with any future rise in energy bills, saying any government help would be targeted, and criticised
the support offered by
Liz Truss
’s government
as unaffordable and irresponsible.
The chancellor also said she would review the planned fuel duty rise in September, but did not commit to delaying or postponing it.
Rachel Reeves rules out universal support on energy bills
Read more
---
## Expert Analysis
### Merits
N/A
### Areas for Consideration
N/A
### Implications
- On Tuesday, she ruled out universal support to deal with any future rise in energy bills, saying any government help would be targeted, and criticised the support offered by Liz Truss ’s government as unaffordable and irresponsible.
### Expert Commentary
This article covers energy, support, bills topics. Readability: Flesch-Kincaid grade 0.0. Word count: 168.
Related Articles
Oil back above $110 after expletive-laden Trump threat to Iran
4 hours, 4 minutes ago
Paul Marshall and the truth about net zero
13 hours, 1 minute ago
Iranian drone strikes hit Kuwait’s oil infrastructure before Opec+ supply talks
13 hours, 31 minutes ago
Starmer attacks Greens, saying vote for Labour rivals puts new workers’ rights...
13 hours, 31 minutes ago