Chancellor says she will raise tax on global oil giants to help meet costs of plans and confirms freeze on fuel duty increasesBusiness live – latest updatesRachel Reeves will cut VAT to 5% on summer attractions such as...
Read MoreChancellor has been under pressure to extend 5p temporary cut at an estimated cost to government of £2.4bn a yearUK politics live – latest updatesRachel Reeves is planning to cancel a rise in fuel duty this week when...
Read MoreClimate and transport organisations warn ministers not to ‘sleepwalk into crisis’ amid Iran war oil and gas shortagesPrivate jets should be banned and the speed limit on UK motorways reduced to 60mph as part of a...
Read MoreCap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR saysBritain should lower speed limits for drivers as part of a package of measures to reduce the impact of the Iran war...
Read MoreRichard Walker says any planned September rate rise should be scrapped to reflect increase in petrol pricesA cut to fuel duty should be extended to reflect the rise in petrol prices, the government’s cost of living...
Read More‘I’m angry that Donald Trump has chosen to go to war in the Middle East,’ chancellor saysStarmer says he understands why people are concerned about the cost of living.He says he has already set out a five-point...
Read MoreKemi Badenoch claims increased UK oil and gas production would cut bills by £200, but critics say plan won’t workOil prices hit $100 a barrel soon after the US and Israel launched their attack on Iran, and though...
Read MorePrime minister says UK will host meeting later this week with other nations on the reopening of the strait of HormuzStarmer says he understands why people are concerned about the cost of living.He says he has already set out a...
Read MoreTrade body to attend Reeves meeting hours after saying it was pulling out over suggestions of ‘price gouging’• Watchdog puts UK fuel retailers ‘on notice’ over profiteering from Iran war•...
Read MoreBritish chancellor says she will take steps to help families with cost of living as oil prices surge Middle East crisis – live updatesBritain is likely to be hit by rising inflation because of the US war with Iran, the UK...
Read MoreRachel Reeves urged to shelve fuel duty plans and overhaul taxes amid expected switch to electric vehiclesA pay-per-mile road pricing system must be brought in now, according to Tony Blair’s thinktank, which is urging the...
Read MoreRachel Reeves told to shelve plans for fuel duty and reform taxes amid expected switch to electric vehiclesA pay-per-mile road pricing system must be brought in now, according to Tony Blair’s thinktank which is urging the...
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