Should the UK government introduce emergency measures like energy rebates and fuel duty cuts to tackle the energy price ?

UK households face surging energy bills, fuel prices, and food costs due to the Iran conflict disrupting the Strait of Hormuz and global energy supplies. The OECD forecasts UK growth at just 0.7% for 2026 with inflation potentially exceeding 5%, while mortgage rates have risen sharply by up to 100 basis points. Chancellor Reeves prioritises fiscal stability by delaying broad bailouts, focusing instead on targeted support amid calls for tax relief, windfall levies, and North Sea drilling to enhance energy resilience.