Rachel Reeves

Rachel Reeves

Labour — Leeds West and Pudsey

Speaking in the House of Commons on 24 March 2026

Debate

Middle East: Economic Update

Contribution

My hon. Friend is absolutely right: the Conservative party’s gung-ho approach would have made the crisis worse, not better. Our approach diplomatically has been to de-escalate the crisis at every stage, in part because we do not want that cost of living impact on families. As he knows, we met the Competition and Markets Authority a couple of weeks ago to talk through what more can be done, including on rolling out fuel finder for cheaper fuel and investigating the impact on heating oil. The CMA will be coming back to us in the next few weeks following that investigation, and looking more widely at how to keep prices down for all our constituents.

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