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Reeves Cracks Down on Petrol Price Gouging

Reeves Cracks Down on Petrol Price Gouging

Edinburgh News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 13, 20262m 2s

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Show Notes

Chancellor Rachel Reeves is taking a stand against potential price gouging by petrol companies amid surging oil prices due to the Middle East conflict. Shes meeting with company bosses, written to the Competition and Markets Authority, and is pushing for fair prices at the pumps. Meanwhile, opposition figures are calling for a scrap of the upcoming fuel duty increase, and Prime Minister Sir Keir Starmer is facing heat over Peter Mandelsons past ties to Jeffrey Epstein. Foreign Secretary Yvette Cooper accuses Russia and Iran of trying to hijack the global economy, and the UK is considering options to safeguard shipping in the Strait of Hormuz.

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