Reeves ‘Risks Market Chaos’ with Household Energy Bailout

Reeves ‘risks market chaos’ with household energy bailout

Reeves hints at ‘scope’ for energy package amid inflation rout fears

Rachel Reeves has indicated that the government can afford to provide a heavy subsidy package protecting Brits from soaring energy prices.  Appearing before the Treasury Committee on Wednesday, the Chancellor warned the war in Iran was “certainly not good” for the UK economy but suggested that the government was prepared to respond to the crisis by giving households support.  She said that her fiscal rules “give scope for interventions” within t…