The chancellor says she will probably be assembly with the bosses of supermarkets and banks later this week, as she seeks to minimise the affect of the rising price of oil.
Rachel Reeves added that the patron watchdog, the Competition and Markets Authority has "stepped up their statutory monitoring of fuel prices" for the reason that conflict started, amid accusation of "price gouging".
"This government will not tolerate any company exploiting this crisis at consumers’ expense," she insisted.
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