Jon Trickett

Jon Trickett

Labour — Normanton and Hemsworth

Speaking in the House of Commons on 24 March 2026

Debate

Middle East: Economic Update

Contribution

I welcome the Chancellor coming to the House as soon as possible to make a statement. On profiteering in the fuel sector, the last time there was a problem with oil prices was after the war began in the east, when the then Government, following their laissez-faire market policies, allowed prices to rip to an extraordinary extent. The consequence, as we saw, was outrageous profiteering in the energy sector. Will the Chancellor indicate that we will not follow the Conservatives’ failed laissez-faire ideology, and that we will instead intervene directly in the market to prevent outrageous profiteering from occurring on this occasion?

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