Rachel Reeves was accused of being “tone deaf” on energy prices on Tuesday as she delivered her spring statement in the Commons. The chancellor tried to offer assurances to the House about the potential impact of Donald Trump’s war with Iran on oil and gas prices and how that may affect Britain. But she insisted that Labour’s economic plan was “right”.
The chancellor defended her fiscal policy, saying the government was in a “better place” to deal with gas and oil price shocks than it was after the last general election amid growing tensions in the Middle East.
