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Evening Standard
Evening Standard
Politics
Michael Howie and Rachael Burford

Rachel Reeves announces plan to protect public from unfair price hikes amid Iran war 'Trumpflation' fears

Rachel Reeves Sir Keir Starmer Donald Trump

A crackdown on companies profiteering from the Iran war at the expense of millions of Brits is among cost-of-living plans announced by Rachel Reeves today.

The Chancellor vowed that the Government would guard against unfair price rises amid fears over surging oil and fuel costs sparked by Donald Trump’s conflict in the Middle East.

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