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Evening Standard
Evening Standard
Nina Lloyd

Rachel Reeves asks watchdog to ‘crack down’ on fuel ‘rip-offs’ amid Iran war

Rachel Reeves will meet with fuel bosses on Friday (Stefan Rousseau/PA) - (PA Wire)

Rachel Reeves has asked the competition watchdog to “crack down” on “rip-off” fuel prices ahead of a meeting with energy bosses to warn against profiteering amid the Iran war.

The Chancellor insisted she “will not tolerate” firms exploiting uncertainty in the Middle East for excess financial gain as concerns grow over its impact on the cost of living.

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