Chancellor Rachel Reeves Considers Targeted Support for Energy Costs

In Brief

Rachel Reeves says all options, including fuel duty plans, are under review amid energy cost concerns.

Key Facts

• Chancellor Rachel Reeves stated that 'nothing is off the table' regarding support for energy costs.
• Reeves did not rule out cancelling a planned fuel duty increase in September.
• She told MPs that both targeted support and broader measures are being considered.

What Happened

Chancellor Rachel Reeves told MPs that the government is considering various options, including targeted support and potentially cancelling a planned fuel duty rise, to address rising energy costs.

Why It Matters

The government's response to energy costs could impact consumers and businesses, especially amid uncertainty related to the Iran conflict. Decisions on fuel duty and support measures may affect household budgets. Based on a single source report

What's Next

Further announcements or decisions on fuel duty and energy support measures may follow as the government continues to assess the situation.