Middle East: Economic Update

Melanie Ward Excerpts

Tuesday 24th March 2026 Commons Chamber

[Rachel Reeves]

On the point about national grid infrastructure and why we end up paying for energy that cannot be used, we have to speed up those connections. That is why I spoke about consulting on indemnities for building out infrastructure, even in the case of judicial review. We must act in the national interest and get this infrastructure built. At the same time, the Secretary of State for Energy Security and Net Zero will set out in more detail the specific ways in which we can bring down prices for communities, including those of the right hon. Member.

[Melanie Ward (Cowdenbeath and Kirkcaldy) (Lab)]

My constituents are appalled by supermarkets and other petrol retailers that are price gouging and profiteering from global instability and a middle east war that was backed by both the Tories and Reform. Let us make no mistake: if they were in government, our country would be right in the middle of it. Will the Chancellor set out the action that she is taking to clamp down on price gouging? I thank her for the £9 million announced yesterday to help my constituents in Cowdenbeath and elsewhere affected by the changes at Mossmorran.

[Rachel Reeves]

I thank my hon. Friend for those questions and for her campaigning work on Mossmorran to ensure that we can properly support her community, which we are also doing with our growth mission fund. We have introduced the cheaper fuel finder to ensure that price gouging does not happen, as it provides greater transparency on the prices offered by different fuel retailers. This is something that the previous Government could have done in their 14 years in power. France already has a cheaper fuel finder available on a number of apps, which can be used when people are travelling. We are introducing that system here because we want to ensure that our constituents pay the lowest price possible when they fill up their tanks.