UK government plans targeted energy aid for vulnerable homes

Chancellor Rachel Reeves says the government will help households relying on heating oil. She ruled out universal support while seeking closer trade ties with Europe.

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The government of the United Kingdom is currently evaluating options to provide targeted financial assistance to low-income households as energy prices continue to climb. Finance Minister Rachel Reeves indicated in a recent interview that the initiative aims to mitigate the impact of rising costs driven by ongoing instability in the Middle East.

Chancellor Rachel Reeves arrives at Downing Street for a G7 Finance Ministers meeting in London.
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