- Andy Burnham announced a major cabinet reshuffle, appointing John Healey as Chancellor, Lucy Powell as Deputy Prime Minister, Jonathan Reynolds as Business Secretary, and Angela Rayner as Housing Secretary.
- John Healey was appointed Chancellor of the Exchequer by Andy Burnham, replacing Rachel Reeves following internal clashes.
- Burnham's appointment influences Treasury control, while Healey's role is tied to combustion engine owners and Reeves' decisions.
Reeves and HM Treasury introduced a fuel duty cut policy, citing the war in Iran as justification for financial support.
2 reports, 2 independent
Updated Aug 25
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What happened
Reeves and HM Treasury introduced a fuel duty cut policy, citing the war in Iran as justification for financial support.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Rachel Reeves
British politician and current Chancellor of the Exchequer (born 1979)
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HM Treasury
United Kingdom government department
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John Healey
British politician (born 1960)
Related events
- Policy discussions regarding the impact of the Iran war on global energy prices, including investigations into targeted fuel poverty subsidies and budget precedents.
- Expert commentary on government financial policy regarding tax allowance cuts for UK households, involving HM Treasury, Martin Lewis, Rachel Reeves, and Rachel Blake.
- The current chancellor, Rachel Reeves, is facing pressure from various quarters regarding the government's fuel duty hikes and overall energy policy.
- Parliamentary debate pressures Reeves' Treasury policy.
- On September 7, 2026, the ongoing Iran war is cited as a factor contributing to the rise in global oil prices.