Reeves to face MPs’ grilling over cost-of-living pressures – UK politics live

Reeves to face MPs’ grilling over cost-of-living pressures – UK politics live

Chancellor to take Treasury questions amid market turbulence linked to Middle East conflictGood morning and welcome to our live coverage of UK politics. The chancellor, Rachel Reeves, and the prime minister, Keir Starmer, indicated yesterday that the government could be prepared to intervene to protect UK households against major cost-of-living shocks to come at the next energy price cap, as Brent crude, the international benchmark, surged as high as $119.50 a barrel on Monday.Brent then slid ba...

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