Reeves calls for Middle East de-escalation amid oil price fears
Government announces plan to cut firms’ electricity bills as part of launch of its industrial strategy
Rachel Reeves has called for de-escalation of the conflict in the Middle East, warning that rising global oil prices could hit the UK economy as she announced Labour’s long-awaited industrial strategy.
Launching the policy package at the engineering business Horiba Mira in Nuneaton alongside Keir Starmer and the business secretary, Jonathan Reynolds, Reeves acknowledged the conflict’s potential impact on companies. Continue reading...
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