UK Unveils £50 Million Aid to Tackle Energy Costs After Iran Conflict
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Starmer Unveils £50mn Energy Aid Amid Iran War Fallout, Warns Profiteers
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Firstpost•16-03-2026, 17:24
Starmer Unveils £50mn Energy Aid Amid Iran War Fallout, Warns Profiteers
•UK Prime Minister Keir Starmer announced a £50 million support package to help households cope with rising energy costs following the Iran war.
•The funding will be directed towards the poorest families, including 1.5 million households in rural areas relying on heating oil not covered by the energy price cap.
•Starmer is expected to warn energy companies against profiteering during the crisis, threatening legal action if they are found to have broken the law.
•Energy Secretary Ed Miliband hinted at further steps, while Chancellor Rachel Reeves stated any future measures would be more targeted.
•Conservative shadow energy secretary Claire Coutinho urged deploying naval ships to the Strait of Hormuz and ruling out a planned increase in fuel duty.
