Rachel Reeves dismisses using public money to tackle oil price spike: 'Not the solution!'

Chancellor Rachel Reeves has suggested that using taxpayer money to help households struggling with soaring heating oil costs is "not the solution". Instead, the Chancellor has instructed the Competition and Markets Authority (CMA) to examine heating oil prices alongside petrol station costs amid concerns that some suppliers may be exploiting the current crisis. Ms Reeves made clear she would not offer financial relief to affected customers through public funds, arguing that tackling the