"It's moments like this that reveal what a government is about. My answer is clear. Whatever challenges lie ahead, this government will always support working people. That is my first instinct-my priority-to help you with the cost of living during this crisis."
"Our priority is always the national interest, and so we have been clear and consistent in our objectives throughout this conflict. First, we will protect our people in the region. Second, while taking the necessary action to defend ourselves and our allies, we will not be drawn into the wider war."
"I want to see an end to this war as quickly as possible, because the longer it goes on, the more dangerous the situation becomes, and the worse it is for the cost of living back here at home."
Sir Keir Starmer delivered a national address as the UK faces soaring energy prices following the closure of the Strait of Hormuz, with crude prices exceeding $100 per barrel. The government announced targeted support for 1.5 million households relying on heating oil, whose costs surged 80% in one week. Treasury officials allocated £53 million to subsidise heating oil for affected households. Starmer outlined three priorities: protecting people in the region, defending allies without escalating wider conflict, and achieving swift resolution to reduce regional instability and domestic cost-of-living pressures. The government also promised legal directives for energy companies to pass budget savings to customers and confirmed fuel duty cuts would continue.
#energy-crisis #cost-of-living-support #strait-of-hormuz #uk-government-policy #heating-oil-subsidies
Read at London Business News | Londonlovesbusiness.com
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