Opinion · Euroglobal New
Key events 8m ago Opening summary Opening summary Good morning and welcome to the UK Politics live blog where cost-of-living issues are top of mind as diesel surges past £2 a litre for the first time. That’s a 40% increase since the start of the year, meaning the cost of filling up an average family car is now £110, nearly £32 more than before the US and Israel launched strikes on Iran in late February. The eight-months long war now has choked off key global shipping routes, blocking supplies from Gulf oil producers.
On Friday, G7 countries including the UK bowed to pressure from US President Donald Trump and released 100 million barrels of oil and diesel. But there are still spiralling ramifications on the cost of energy, food, transport and housing. Greens leader Zack Polanski yesterday used his party conference speech yesterday to call for an emergency brake on rent rises.
Party deputy leaders today will announce a policy to provide guaranteed jobs for 18-24 year olds. Tory leader Kemi Badenoch, ahead of the Conservatives party conference kicking off tomorrow, will also anounce later today a childcare benefit for those on over £100,000. Meanwhile early word of the flavour of Chancellor John Healey’s first Budget, to be delivered in a few weeks time, suggests it will be a careful one aimed giving reassurance households and businesses, with targeted assistance, as opposed to any major tax or spending hikes.
Stick with us and we’ll bring you the latest updates from the ongoing Green party conference, as well as wider political developments.
Source: The Guardian
