Chancellor sets out 'further action' on cost of living amid Iran war

The chancellor says she will be meeting with the bosses of supermarkets and banks later this week, as she seeks to minimise the impact of the rising cost of oil. Rachel Reeves added that the consumer watchdog, the Competition and Markets Authority has "stepped up their statutory monitoring of fuel prices" since the war began, amid accusation of "price gouging". "This government will not tolerate any company exploiting this crisis at consumers' expense," she insisted. #skynews #iran #middleeast #iranwar #ukpolitics #fuelprices Read more: https://news.sky.com/story/politics-latest-starmer-labour-iran-trump-cobra-12593360 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Click here to get Electoral Dysfunction podcast for free: https://podfollow.com/electoraldysfunction Politics at Sam and Anne’s podcast is available for free here: https://podfollow.com/politics-at-sam-and-annes Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales