Rachel Reeves

New study from WRAP shows how cost savings from tackling food waste could rival those from Chancellor's VAT cut on family days out, free bus travel, and tariff cuts for staple foods

Funding totalling £470m to help industrial firms cope with soaring energy bills and ramp up investment in decarbonisation

Boost for public transport forms latest part of government’s efforts to tackle rising fuel costs

Green campaigners angered, as government set to respond to spike in oil prices by cancelling long-planned increase in fuel duty

Fears grow that continued blockade of Strait of Hormuz could push energy and food price inflation even higher during the second half of the year

Energy Security and Net Zero Secretary reportedly set to confirm plans to accelerate Warm Homes Plan and electricity market reforms in response to global energy shock

Government confirms plans to remove Carbon Price Support from April 2028 and reveals work is continuing to limit influence of gas in setting wholesale power prices

British Industrial Competitiveness Scheme to be expanded and backdated, as government ramps up efforts to protect businesses from soaring energy costs

Oil demand plummets and fears over jet fuel supplies grow, as governments look to ramp up clean tech deployment in response to worsening energy crisis

President declares US will blockade Strait of Hormuz after ceasefire talks break up without agreement