Can Rachel Reeves protect both households and the public finances from the energy price shock?

Can Rachel Reeves protect both households and the public finances from the energy price shock?

Author: Institute for Government March 20, 2026 Duration: 1:01:32
As war in the Middle East disrupts energy markets across the world, what are the implications for households and businesses in the UK and how should government respond to the price shock? This IfG webinar explored Rachel Reeves’s options for supporting consumers – and what the ongoing conflict could mean for energy policy, the transition to net zero and for the public finances. What are the implications of different scenarios for oil and gas shipments from the Middle East? What do they mean for the design of support packages? How would different approaches impact government objectives on inflation and growth? Has the government learned the lessons from the response to the 2022 price shock? And do events in the Middle East accelerate or slow the transition to net zero? Should they lead to a rethink on North Sea licensing? This webinar featured: Nick Butler, former Head of Strategy for BP and then senior policy adviser to Prime Minister Gordon Brown Dan Haile, Senior Economist at the Institute for Government Emma Pinchbeck, Chief Executive of the Climate Change Committee and former CEO of Energy UK Andrew Sissons, Director, Sustainable Future Mission at NESTA This webinar was chaired by Jill Rutter, Senior Fellow at the Institute for Government. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Inside Briefing with the Institute for Government picks up the conversation where the headlines leave off. With a new Labour administration in place after fourteen years, the sheer scale of its agenda comes into sharp focus. This podcast, from the Institute for Government, digs into the practical realities of governing. Each episode moves beyond the political rhetoric to examine how policies are actually made and implemented, exploring the pressures on public services and the civil service tasked with delivering change. We consider the government's ambitious missions and whether ideas like leveraging AI or fostering a new culture can genuinely "rewire" the state to meet complex challenges. The discussions aim to identify where government is functioning effectively and, just as importantly, where the obstacles lie. By speaking with experts, analysts, and those with firsthand experience, the series provides a clear-eyed look at the mechanics of power and the ongoing effort to turn political goals into tangible results. It’s for anyone curious about the forces that shape our public institutions and the day-to-day work of making government happen.
Author: Language: English Episodes: 100

Inside Briefing with the Institute for Government
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