HM Treasury

HM Treasury

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We're the UK Government's economic and finance ministry. Our aim is to promote strong and sustainable economic growth.

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This government will always act in the national interest, on the side of British people. From today, you will see wages go up, bills come down, and more support for those who need it most. We will pull ever lever possible to tackle the cost of living.

1/2 The energy price cap is coming down by 7%. From today, the next energy price cap comes into effect, protecting households on standard variable tariffs with lower bills until the end of June.

1/2 Our Fuel Finder scheme mandates all UK petrol stations to report their prices, helping households with a car find deals & save around £40 a year. Apps & websites are now displaying real time fuel prices, so drivers can find the cheapest fuel at their closest station.

This government will continue to pull every lever possible to support you with the cost of living. We are working together with leaders across the energy, finance and insurance sectors to protect the British people from the impact of conflict in the Middle East.

At today's @G7 talks with @bankofengland Andrew Bailey and @Ed_Miliband, I reiterated the need for a swift resolution in the Middle East. This is not our war and we won't be drawn into it, but its economic impacts are global - we must work with partners to strengthen resilience.

Together with our allies, we condemn in the strongest terms recent attacks by Iran on unarmed commercial vessels in the Gulf, attacks on civilian infrastructure including oil and gas installations, and the de facto closure of the Strait of Hormuz by Iranian forces.

This government will make the UK the best place in the world to start, scale and grow AI companies.

This government has the right economic plan for Britain. Stability in the public finances, investment in infrastructure, and reform to our economy. We’re changing Britain and our economy for the better.

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