PM Starmer's five stops on the cost of living including an energy price cap until the end of June

The announcement by PM Starmer regarding measures to address the cost of living, particularly the energy price caps, indicates a governmental push to stabilize consumer energy costs amid rising inflation.

Newsquawk StaffPublished 16 Mar 2026, 11:05 UTCOn the live feed at 10:45 UTC — 7 more headlines followed before this page went public

Newsquawk headlinesUTC

10:47

Greece has no plans to be involved in operations in the Strait of Hormuz, a government official says

10:47

Eli Lilly (LLY) announced positive, topline results from the Phase 3 ADorable-1 trial evaluating the safety and efficacy of EBGLYSS in pediatric patients with moderate-to-severe atopic dermatitis

10:45

PM Starmer's five stops on the cost of living including an energy price cap until the end of June

10:42

Loadings at UAE's Fujairah port have resumed, sources suggest

10:40

IEA Executive Director to deliver a statement on IEA oil stock release at 14:00 GMT (10:00 EDT)

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Energy price cap until end of June and legal direction to companies to pass on savings
Fuel price cap until Sept. Petrol stations to give live prices
GBP 53mln for most exposed heating oil customers
Pressing on with building secure energy for UK; fast tracking new nuclear power stations
Press for swift resolution - that is what will help the CoL

Context

This can be viewed as de-escalation of public unrest over living expenses, which may bolster consumer confidence but also reflects tighter regulation on energy companies, impacting their profit margins. Overall, expect fluctuations in energy-related commodities and potential read-throughs in GBP flows as markets digest the implications of these measures.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/27 Aug · 17:46

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

Brent (X6) futures rose shortly after the headline, in turn weighing on the bond complex.

ENERGY/25 Aug · 19:26

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

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ENERGY/2 Sep · 11:13

Saudi Foreign Ministry says it has urged all parties to remain calm, halt escalations and respect international law and return to negotiations

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ENERGY/31 Aug · 14:29

US Treasury Secretary Bessent says oil prices will come down, CNBC Interview; says Trump has been saying Iran is not ready to make a deal

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ENERGY/25 Aug · 09:36

US is reportedly mulling returning diplomats to Middle Eastern embassies as soon as this week, NYT reports; "suggesting that the Trump administration does not anticipate a return to all-out hostilities"

−0.5%Brent crude

ENERGY/25 Aug · 08:24

Pakistani Army Chief Munir conveyed an offer to Iran, from the US, to halt the siege and lift sanctions under the MOU, in exchange for opening the Strait of Hormuz and stopping proxy attacks, Al Arabiya/Al Hadath sources report

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