{"id":492449,"date":"2026-03-24T10:53:15","date_gmt":"2026-03-24T10:53:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/492449\/"},"modified":"2026-03-24T10:53:15","modified_gmt":"2026-03-24T10:53:15","slug":"no-fuel-shortage-in-britain-says-minister-as-reeves-prepares-to-set-out-economic-response-to-iran-war-uk-politics-live-politics","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/492449\/","title":{"rendered":"No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live | Politics"},"content":{"rendered":"<p>No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war<\/p>\n<p class=\"dcr-130mj7b\">Good morning. At lunchtime Rachel Reeves, the chancellor, will give a statement to MPs that will cover what the government is doing, and (more tentatively) might do, in response to the soaring global energy prices caused by the Iran war. After Russia invaded Ukraine in 2022, also creating a global energy shortage, the Conservative government ended up <a href=\"https:\/\/www.gov.uk\/government\/news\/40bn-spent-protecting-families-and-businesses-from-energy-costs\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">spending \u00a340bn<\/a> supporting families and firms with energy bills over the following winter. Reeves\u2019s problem is that she has not got \u00a340bn spare. With spring upon us, and people starting to turn down their central heating, the issue may not seem particularly pressing in many households (although <a href=\"https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/16\/keir-starmer-donald-trump-iran-nato-oil-cost-of-living-latest-news-updates?page=with%3Ablock-69b7f7688f08300dbfa3fea3#block-69b7f7688f08300dbfa3fea3\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">heating oil<\/a> and <a href=\"https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/23\/keir-starmer-donald-trump-strait-of-hormuz-shabana-mahood-john-healey-labour-conservatives-kemi-badenoch-cobra-uk-politics-latest-updates-news?page=with%3Ablock-69c1750c8f081668c1c42140#block-69c1750c8f081668c1c42140\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">petrol prices<\/a> are already soaring.) But, by the end of this year, this could be the sort of colossal economic crisis <a href=\"https:\/\/en.wikipedia.org\/wiki\/1973_oil_crisis\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">that gets remembered for half a century.<\/a><\/p>\n<p class=\"dcr-130mj7b\">As Chris Mason explains in <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c937qj0lp32o\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">a good preview<\/a>, Reeves is expected to cover three points. She is expected to confirm that the government wants to give the Competition and Markets Authority new powers to deal with any potention profiteering by oil companies. She will confirm that the government wants to go \u201cfurther and faster to secure the next generation of nuclear power and to reclaim Britain\u2019s place as a leading nuclear nation\u201d (as the Treasury puts it in its overnight preview).<\/p>\n<p class=\"dcr-130mj7b\">And she is also set to set out some ideas about how the government might help households with energy bills if it thinks this is needed when the current energy price cap runs out at the end of June. What she won\u2019t do is unveil a plan; it is too early for that. But Mason says she will \u201ctalk about the principles that will drive any further support to families if energy bills spiral in the coming months\u201d, and she is expected to endorse<a href=\"https:\/\/www.theguardian.com\/politics\/2026\/mar\/23\/starmer-support-household-bills-next-winter-energy-price-shock\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\"> the hints being dropped by Keir Starmer yesterday <\/a>about any support package being targeted, not universal.<\/p>\n<p class=\"dcr-130mj7b\">Michael Shanks, an energy minister, has been on the airwaves this morning taking questions ahead of Reeves\u2019s statement, and he has stressed that there is no need for drivers to worry about a fuel shortage. He told Times Radio:<\/p>\n<p>double quotation mark[Drivers] should do everything as absolutely normal because there is no shortage of fuel anywhere in the country at the moment. We monitor this every single day, I look at the numbers personally. There\u2019s no issue at all with that \u2026<\/p>\n<p>People should go about their business as normal. That\u2019s what the RAC and the AA have said. It\u2019s really important people do that. There\u2019s no shortage of fuel and everything is working as normal.<\/p>\n<p class=\"dcr-130mj7b\">Asked if people should drive more slowly to conserve energy, Shanks replied:<\/p>\n<p>double quotation markLook genuinely, people shouldn\u2019t change their behaviour or their habits in the slightest.<\/p>\n<p class=\"dcr-130mj7b\">Ministers do believe there is no fuel shortage. But they are also saying this because they don\u2019t want to say anything that might trigger panic buying.<\/p>\n<p class=\"dcr-130mj7b\">Here is the agenda for the day.<\/p>\n<p class=\"dcr-130mj7b\">9.30am: Keir Starmer chairs cabinet.<\/p>\n<p class=\"dcr-130mj7b\">9.30am: Executives from X, Meta, TikTok and Google give evidence to the Commons science committee about misinformation on social media.<\/p>\n<p class=\"dcr-130mj7b\">9.45am: <a href=\"https:\/\/www.theguardian.com\/politics\/ed-davey\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Ed Davey<\/a>, the Lib Dem leader, launches his party\u2019s local elections campaign in West Surrey.<\/p>\n<p class=\"dcr-130mj7b\">Morning: Kemi Badenoch is on a visit meeting members of the Jewish community in Stamford Hill in north London.<\/p>\n<p class=\"dcr-130mj7b\">11.30am: Ed Miliband, the energy secretary, takes questions in the Commons.<\/p>\n<p class=\"dcr-130mj7b\">Noon: Downing Street holds a lobby briefing.<\/p>\n<p class=\"dcr-130mj7b\">After 12.30pm: <a href=\"https:\/\/www.theguardian.com\/politics\/rachel-reeves\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Rachel Reeves<\/a>, the chancellor, makes a statement to MPs about the economic response to the Iran war.<\/p>\n<p class=\"dcr-130mj7b\">Afternoon: MPs debate a Tory opposition day debate calling for the windfall tax on energy companies to be abolished, and for the ban on new oil and gas licences for the North Sea to be lifted.<\/p>\n<p class=\"dcr-130mj7b\">2.30pm: Yvette Cooper, the foreign secretary, and Jenny Chapman, the development minister, give evidence to the Commons international development committee.<\/p>\n<p class=\"dcr-130mj7b\">Afternoon: <a href=\"https:\/\/www.theguardian.com\/politics\/nigel-farage\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Nigel Farage<\/a>, the Reform UK leader, is on a visit in Leeds where he is due to speak to the media.<\/p>\n<p class=\"dcr-130mj7b\">And at some point today the business department is publishing a written ministerial statement giving an update on <a href=\"https:\/\/www.theguardian.com\/politics\/2026\/feb\/24\/government-documents-andrew-mountbatten-windsor-trade-envoy\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">the goverment\u2019s commitment<\/a> to publish documents about how Andrew Mountbatten-Windsor was appointed a trade envoy.<\/p>\n<p class=\"dcr-130mj7b\">If you want to contact me, please post a message below the line when comments are open (between 10am and 3pm), or message me on social media. I can\u2019t read all the messages BTL, but if you put \u201cAndrew\u201d in a message aimed at me, I am more likely to see it because I search for posts containing that word.<\/p>\n<p class=\"dcr-130mj7b\">If you want to flag something up urgently, it is best to use social media. You can reach me on Bluesky at @andrewsparrowgdn.bsky.social. The Guardian has <a href=\"https:\/\/www.theguardian.com\/media\/2024\/nov\/13\/the-guardian-no-longer-post-on-x-twitter-elon-musk\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">given up posting from its official accounts on X<\/a>, but individual Guardian journalists are there, I still have my account, and if you message me there at @AndrewSparrow, I will see it and respond if necessary.<\/p>\n<p class=\"dcr-130mj7b\">I find it very helpful when readers point out mistakes, even minor typos. No error is too small to correct. And I find your questions very interesting too. I can\u2019t promise to reply to them all, but I will try to reply to as many as I can, either BTL or sometimes in the blog.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c23d4e8f08c1f048b0093e#block-69c23d4e8f08c1f048b0093e\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a005.21 EDT<\/p>\n<p>Key events<\/p>\n<p>Show key events only<\/p>\n<p>Please turn on JavaScript to use this feature<\/p>\n<p>Farage urged to sack Reform UK mayoral candidate who likened Jewish community group to &#8216;Islamists on horseback&#8217;<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/uk\/wp-content\/uploads\/2026\/03\/1774349595_756_Ben_Quinn.png\" alt=\"Ben Quinn\" class=\"dcr-lysqes\"\/>Ben Quinn<\/p>\n<p class=\"dcr-130mj7b\">Ben Quinn is a Guardian political correspondent.<\/p>\n<p class=\"dcr-130mj7b\">Nigel Farage should sack a Reform UK mayoral candidate who described a Jewish community security group as \u2018cosplayers\u2019 and<a href=\"https:\/\/www.theguardian.com\/politics\/2026\/mar\/23\/reform-mayoral-candidate-likens-jewish-community-group-to-islamists-on-horseback\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\"> likened them to \u201cIslamists on horseback,\u201d <\/a>the Liberal Democrats have said.<\/p>\n<p class=\"dcr-130mj7b\">Chris Parry, who remains Reform\u2019s mayoral candidate for Hampshire despite a <a href=\"https:\/\/www.theguardian.com\/politics\/2025\/dec\/19\/reform-candidate-lammy-go-home-questioned-mps-loyalty-uk-chris-parry\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">previous controversy<\/a> in which he said David Lammy should \u201cgo home\u201d to the Caribbean, made the comments yesterday about Shomrim, a group of volunteers who safeguard communities including Orthodox Jewish families.<\/p>\n<p class=\"dcr-130mj7b\">Parry, a retired rear admiral, also retweeted a post on X by Catherine Blaiklock, a co-founder of the Brexit party, hours after news of the attack on a Jewish charity ambulance service in north London emerged, in which she asked: \u201cCan Christian\u2019s [sic] in Britain set up their own police and patrol certain neighbourhoods?\u201d<\/p>\n<p class=\"dcr-130mj7b\">Liberal Democrat home affairs spokesperson Max Wilkinson said the comments, some of which were later deleted, were \u2018deeply insensitive\u2019 about Jewish community. He went on:<\/p>\n<p>double quotation markNigel Farage should act now to drop Chris Parry as Reform\u2019s Hampshire mayoral candidate. These remarks were deeply insensitive, insulting and not befitting of someone who wants to hold public office.<\/p>\n<p>At a time when we are all thinking of the Jewish community after such a disturbing attack, these comments will compound the pain so many people are already feeling.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c26bcd8f0873be98664623#block-69c26bcd8f0873be98664623\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a>Farage says Reform UK would repeal law intended to ban younger generations from ever being able to buy cigarettes<\/p>\n<p class=\"dcr-130mj7b\">The tobacco and vapes bill, the legislation that will ensure that anyone born on or after 1 January 2009 will never be allowed to legally by cigarettes, is due to finish its passage through parliament soon. MPs voted down anti-government Lords amendments to the bill last night and, when peers pass the final version of the bill, it will become law. It is essentially cross-party legislation, because the original version of the bill was proposed by Rishi Sunak when he was PM. Only 47 MPs voted against the Labour version when it had its second reading in November 24 \u2013 35 Tories, 7 Lib Dems and 4 <a href=\"https:\/\/www.theguardian.com\/politics\/brexit-party\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Reform UK<\/a> MPs.<\/p>\n<p class=\"dcr-130mj7b\">But Nigel Farage, the Reform UK leader, says that if he wins the election, he will get rid of it. In <a href=\"https:\/\/www.telegraph.co.uk\/news\/2026\/03\/23\/reform-will-repeal-the-generational-smoking-ban\/\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">an article for the Daily Telegraph<\/a>, he claims it will never work.<\/p>\n<p>double quotation markAsk yourself this. How is the ban meant to work? Ten years from now, a 27-year-old will not be legally able to buy cigarettes, but a 28-year-old will be able to. A decade later 37-year-olds will not be deemed old enough to smoke, but 38-year-olds will be free to do so. And so forth.<\/p>\n<p>The onus will be on the poor shopkeeper to identify those old enough to make a legal purchase. If he fails to carry out his duty as some kind of health policeman, he will be fined \u00a3200. How will he ensure that his customers are entitled to make a purchase?<\/p>\n<p class=\"dcr-130mj7b\">He also says he objects to it in principle.<\/p>\n<p>double quotation markBritain was once held to be a beacon of freedom in the world. Now, as I observed in the Commons, the puritanical spirit of Oliver Cromwell again stalks the land. Our bossy, ruling elite\u2019s default response to something is moving to ban it.<\/p>\n<p>People who speak out against the woke orthodoxy infecting public and now private institutions can expect to have their collars felt. Minority pursuits, such as trail hunting, will be consigned to the history books and anyone who seems to be having fun in a way not approved of by the high priests of the progressive cathedral turns into a target.<\/p>\n<p class=\"dcr-130mj7b\">In his article, Farage quotes polling commissioned by the the Freedom Association which found that, \u201cof those expressing a view, a majority thought that the ban was \u2018unworkable\u2019\u201d. But other polling suggests<a href=\"https:\/\/ash.org.uk\/media-centre\/news\/press-releases\/majority-of-public-support-smokefree-generation-as-new-polling-shows-overwhelming-public-backing-for-tougher-action-on-tobacco\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\"> there is strong public support for the measure.<\/a><\/p>\n<p class=\"dcr-130mj7b\">In <a href=\"https:\/\/observer.co.uk\/news\/politics\/article\/reform-and-farage-are-losing-support-and-there-are-two-key-reasons-why\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">an article for the Observer<\/a> at the weekend Sam Freedman argued that Reform UK\u2019s support has been dropping in recent months because \u201cits policy agenda is increasingly tailored to the true believers rather than the voters it really needs\u201d. This latest announcement could turn out to be another example of this.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c260bd8f08fc78d9879fa2#block-69c260bd8f08fc78d9879fa2\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a006.35 EDT<\/p>\n<p>Labour was wrong to block Burnham from being candidate in Gorton and Denton, Lisa Nandy says<\/p>\n<p class=\"dcr-130mj7b\">Lisa Nandy, the culture secretary, has criticised Labour\u2019s decision not to allow Andy Burnham to stand as the candidate in the Gorton and Denton byelection. In <a href=\"https:\/\/www.politicshome.com\/news\/article\/culture-clash-lisa-nandy-keeping-hope-alive\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">a long interview<\/a> with the House magazine, she said:<\/p>\n<p>double quotation markI think it is right that members are allowed to make their own choices about who they want to be their candidates in elections \u2013 I\u2019ve always thought that right. And while I respect the views of colleagues on the national executive committee, had I been sitting in that seat \u2013 is that what you\u2019re asking me, what I would have voted? \u2013 yeah, I would have voted to allow him to stand, as Lucy [Powell] did.<\/p>\n<p class=\"dcr-130mj7b\">Nandy said she understood the NEC\u2019s argument that he should not be allowed to stand as a candidate because he is mayor of Greater Manchester and should serve out his time in office. But, she implied, respecting internal <a href=\"https:\/\/www.theguardian.com\/politics\/labour\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Labour<\/a> democracy was more important.<\/p>\n<p>double quotation mark[Labour members] deserve to be in the driving seat of their own lives, and it offends me when people are not, and I think that goes for our members as much as everybody else.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c25b768f08f4519ef59588#block-69c25b768f08f4519ef59588\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a>Ed Davey attacks Reform UK for wanting to copy &#8216;Trump&#8217;s nasty politics&#8217;<\/p>\n<p class=\"dcr-130mj7b\">Ed Davey, the Lib Dem leader, will present his party as an opponent of President Trump\u2019s \u201cnasty\u201d politics when he launches his local elections campaign this morning.<\/p>\n<p class=\"dcr-130mj7b\">In extracts from his speech released overnight, he attacks <a href=\"https:\/\/www.theguardian.com\/politics\/brexit-party\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Reform UK<\/a> in particular for being keen to copy Trump.<\/p>\n<p class=\"dcr-130mj7b\">He says:<\/p>\n<p>double quotation markSome politicians would rather divide our communities than fix them. They\u2019d rather point the finger of blame than get their hands dirty. They want to import Donald Trump\u2019s nasty style of politics over here.<\/p>\n<p>That\u2019s not who we are. We\u2019re different. We don\u2019t do division. We do potholes and police officers, doctors\u2019 appointments and cleaning up dirty rivers. We do the hard work that actually makes people\u2019s lives better.<\/p>\n<p>The Liberal Democrats will change our politics so we can fix the country we love. Every vote for the Liberal Democrats in May is a vote for a strong local champion who will bring our communities together and get the job done.<\/p>\n<p class=\"dcr-130mj7b\">In a briefing note, the Lib Dems say:<\/p>\n<p>double quotation markReform-led councils elected last year have mimicked the White House in dodging media scrutiny, with an unprecedented ban on local journalists in Nottingham. In Durham, they have scrapped renewables projects that would\u2019ve saved taxpayers tens of thousands. Across the country, their Musk inspired Doge projects have failed to find savings, leading to Reform councils raising council tax despite promising to cut it.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c258ce8f08fb52a6e4da25#block-69c258ce8f08fb52a6e4da25\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a>Targeted energy support package &#8216;most efficient use of public money&#8217;, minister says<\/p>\n<p class=\"dcr-130mj7b\">In his Times Radio interview Michael Shanks, the energy minister, confirmed that the government is more interested in a targeted energy bill support package (targeting those most in need) than a universal one (targeting everyone). (See <a href=\"https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?page=with%3Ablock-69c23d4e8f08c1f048b0093e#block-69c23d4e8f08c1f048b0093e\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">8.56am<\/a>.) This would be \u201cthe most efficient use of public money\u201d, he said.<\/p>\n<p class=\"dcr-130mj7b\">He said:<\/p>\n<p>double quotation markGenuinely we are looking at every option. Clearly part of that is, is there a way to target support at people who need it most? I think most people would recognise that as the most efficient use of public money but we also want to make sure that we\u2019re not missing people \u2026<\/p>\n<p>But, in honesty, we\u2019re three weeks into this conflict, although people are really worried there\u2019s no certainty of how this is going to end or when and so we are looking really carefully at what that longer term support needs to be.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c256e98f08fb52a6e4da1c#block-69c256e98f08fb52a6e4da1c\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a>Ministers rebuff trade body\u2019s call to boost North Sea oil and gas production<\/p>\n<p class=\"dcr-130mj7b\">The UK government has dismissed a warning from an energy trade body that failing to produce more homegrown North Sea oil and gas will leave the UK increasingly reliant on imports at a time of rising global instability, Jillian Ambrose reports.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c256238f08f4519ef5956b#block-69c256238f08f4519ef5956b\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a>No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war<\/p>\n<p class=\"dcr-130mj7b\">Good morning. At lunchtime Rachel Reeves, the chancellor, will give a statement to MPs that will cover what the government is doing, and (more tentatively) might do, in response to the soaring global energy prices caused by the Iran war. After Russia invaded Ukraine in 2022, also creating a global energy shortage, the Conservative government ended up <a href=\"https:\/\/www.gov.uk\/government\/news\/40bn-spent-protecting-families-and-businesses-from-energy-costs\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">spending \u00a340bn<\/a> supporting families and firms with energy bills over the following winter. Reeves\u2019s problem is that she has not got \u00a340bn spare. With spring upon us, and people starting to turn down their central heating, the issue may not seem particularly pressing in many households (although <a href=\"https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/16\/keir-starmer-donald-trump-iran-nato-oil-cost-of-living-latest-news-updates?page=with%3Ablock-69b7f7688f08300dbfa3fea3#block-69b7f7688f08300dbfa3fea3\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">heating oil<\/a> and <a href=\"https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/23\/keir-starmer-donald-trump-strait-of-hormuz-shabana-mahood-john-healey-labour-conservatives-kemi-badenoch-cobra-uk-politics-latest-updates-news?page=with%3Ablock-69c1750c8f081668c1c42140#block-69c1750c8f081668c1c42140\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">petrol prices<\/a> are already soaring.) But, by the end of this year, this could be the sort of colossal economic crisis <a href=\"https:\/\/en.wikipedia.org\/wiki\/1973_oil_crisis\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">that gets remembered for half a century.<\/a><\/p>\n<p class=\"dcr-130mj7b\">As Chris Mason explains in <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c937qj0lp32o\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">a good preview<\/a>, Reeves is expected to cover three points. She is expected to confirm that the government wants to give the Competition and Markets Authority new powers to deal with any potention profiteering by oil companies. She will confirm that the government wants to go \u201cfurther and faster to secure the next generation of nuclear power and to reclaim Britain\u2019s place as a leading nuclear nation\u201d (as the Treasury puts it in its overnight preview).<\/p>\n<p class=\"dcr-130mj7b\">And she is also set to set out some ideas about how the government might help households with energy bills if it thinks this is needed when the current energy price cap runs out at the end of June. What she won\u2019t do is unveil a plan; it is too early for that. But Mason says she will \u201ctalk about the principles that will drive any further support to families if energy bills spiral in the coming months\u201d, and she is expected to endorse<a href=\"https:\/\/www.theguardian.com\/politics\/2026\/mar\/23\/starmer-support-household-bills-next-winter-energy-price-shock\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\"> the hints being dropped by Keir Starmer yesterday <\/a>about any support package being targeted, not universal.<\/p>\n<p class=\"dcr-130mj7b\">Michael Shanks, an energy minister, has been on the airwaves this morning taking questions ahead of Reeves\u2019s statement, and he has stressed that there is no need for drivers to worry about a fuel shortage. He told Times Radio:<\/p>\n<p>double quotation mark[Drivers] should do everything as absolutely normal because there is no shortage of fuel anywhere in the country at the moment. We monitor this every single day, I look at the numbers personally. There\u2019s no issue at all with that \u2026<\/p>\n<p>People should go about their business as normal. That\u2019s what the RAC and the AA have said. It\u2019s really important people do that. There\u2019s no shortage of fuel and everything is working as normal.<\/p>\n<p class=\"dcr-130mj7b\">Asked if people should drive more slowly to conserve energy, Shanks replied:<\/p>\n<p>double quotation markLook genuinely, people shouldn\u2019t change their behaviour or their habits in the slightest.<\/p>\n<p class=\"dcr-130mj7b\">Ministers do believe there is no fuel shortage. But they are also saying this because they don\u2019t want to say anything that might trigger panic buying.<\/p>\n<p class=\"dcr-130mj7b\">Here is the agenda for the day.<\/p>\n<p class=\"dcr-130mj7b\">9.30am: Keir Starmer chairs cabinet.<\/p>\n<p class=\"dcr-130mj7b\">9.30am: Executives from X, Meta, TikTok and Google give evidence to the Commons science committee about misinformation on social media.<\/p>\n<p class=\"dcr-130mj7b\">9.45am: <a href=\"https:\/\/www.theguardian.com\/politics\/ed-davey\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Ed Davey<\/a>, the Lib Dem leader, launches his party\u2019s local elections campaign in West Surrey.<\/p>\n<p class=\"dcr-130mj7b\">Morning: Kemi Badenoch is on a visit meeting members of the Jewish community in Stamford Hill in north London.<\/p>\n<p class=\"dcr-130mj7b\">11.30am: Ed Miliband, the energy secretary, takes questions in the Commons.<\/p>\n<p class=\"dcr-130mj7b\">Noon: Downing Street holds a lobby briefing.<\/p>\n<p class=\"dcr-130mj7b\">After 12.30pm: <a href=\"https:\/\/www.theguardian.com\/politics\/rachel-reeves\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Rachel Reeves<\/a>, the chancellor, makes a statement to MPs about the economic response to the Iran war.<\/p>\n<p class=\"dcr-130mj7b\">Afternoon: MPs debate a Tory opposition day debate calling for the windfall tax on energy companies to be abolished, and for the ban on new oil and gas licences for the North Sea to be lifted.<\/p>\n<p class=\"dcr-130mj7b\">2.30pm: Yvette Cooper, the foreign secretary, and Jenny Chapman, the development minister, give evidence to the Commons international development committee.<\/p>\n<p class=\"dcr-130mj7b\">Afternoon: <a href=\"https:\/\/www.theguardian.com\/politics\/nigel-farage\" data-link-name=\"in body link\" data-component=\"auto-linked-tag\" rel=\"nofollow noopener\" target=\"_blank\">Nigel Farage<\/a>, the Reform UK leader, is on a visit in Leeds where he is due to speak to the media.<\/p>\n<p class=\"dcr-130mj7b\">And at some point today the business department is publishing a written ministerial statement giving an update on <a href=\"https:\/\/www.theguardian.com\/politics\/2026\/feb\/24\/government-documents-andrew-mountbatten-windsor-trade-envoy\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">the goverment\u2019s commitment<\/a> to publish documents about how Andrew Mountbatten-Windsor was appointed a trade envoy.<\/p>\n<p class=\"dcr-130mj7b\">If you want to contact me, please post a message below the line when comments are open (between 10am and 3pm), or message me on social media. I can\u2019t read all the messages BTL, but if you put \u201cAndrew\u201d in a message aimed at me, I am more likely to see it because I search for posts containing that word.<\/p>\n<p class=\"dcr-130mj7b\">If you want to flag something up urgently, it is best to use social media. You can reach me on Bluesky at @andrewsparrowgdn.bsky.social. The Guardian has <a href=\"https:\/\/www.theguardian.com\/media\/2024\/nov\/13\/the-guardian-no-longer-post-on-x-twitter-elon-musk\" data-link-name=\"in body link\" rel=\"nofollow noopener\" target=\"_blank\">given up posting from its official accounts on X<\/a>, but individual Guardian journalists are there, I still have my account, and if you message me there at @AndrewSparrow, I will see it and respond if necessary.<\/p>\n<p class=\"dcr-130mj7b\">I find it very helpful when readers point out mistakes, even minor typos. No error is too small to correct. And I find your questions very interesting too. I can\u2019t promise to reply to them all, but I will try to reply to as many as I can, either BTL or sometimes in the blog.<\/p>\n<p><a href=\"mailto:?subject=No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war \u2013 UK politics live&amp;body=https:\/\/www.theguardian.com\/politics\/live\/2026\/mar\/24\/rachel-reeves-uk-economy-keir-starmer-iran-war-uk-politics-latest-news-updates?CMP=share_btn_url&amp;page=with%3Ablock-69c23d4e8f08c1f048b0093e#block-69c23d4e8f08c1f048b0093e\" type=\"button\" class=\"dcr-1mulgdf\">Share<\/a><\/p>\n<p>Updated at\u00a005.21 EDT<\/p>\n","protected":false},"excerpt":{"rendered":"No fuel shortage in Britain, says minister, as Reeves prepares to set out economic response to Iran war&hellip;\n","protected":false},"author":2,"featured_media":492450,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[59,57,58,50,56,54,55],"class_list":{"0":"post-492449","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-united-kingdom","8":"tag-gb","9":"tag-great-britain","10":"tag-greatbritain","11":"tag-news","12":"tag-uk","13":"tag-united-kingdom","14":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/492449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=492449"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/492449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/492450"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=492449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=492449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=492449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}