Reeves Unveils Plan to Protect Brits from Price Hikes
Glasgow News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
UK Chancellor Rachel Reeves to unveil measures to protect consumers from soaring fuel and goods prices, following a surge in oil prices due to Middle East conflict. New anti-profiteering framework and enhanced Competition and Markets Authority powers planned. Average unleaded petrol prices up 14 pence per litre, diesel up 29 pence per litre, adding significant costs for households. Oil prices hover above $100 per barrel, with potential for further increases. No major supply issues reported, but government vows to maintain vigilance.
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