Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Miliband to stand in for UK PM Burnham on emergency G7 energy call

2nd Oct 2026 14:23

(Alliance News) - Ed Miliband will stand in for Andy Burnham on an emergency G7 call this afternoon to discuss world energy markets as the UK prime minister attends his father's funeral.

The Foreign secretary is expected to join French president Emmanuel Macron and other leaders for talks amid US pressure on European countries to use their diesel reserves.

Ministers have sought to reassure the public amid concerns about supply as prices reached a record high of GBP2 a litre.

The RAC said average prices are now 200.01p. The previous record high was 199.09p, set in June 2022 after Russia's invasion of Ukraine.

US president Donald Trump has said he "may" call for Europe to draw down on its stores.

Diesel prices have soared in recent months because of the disruption to global supplies caused by the US-Israeli war against Iran and the ongoing conflict between Russia and Ukraine.

By Nina Lloyd, Press Association Political Correspondent

Press Association: Finance

source: PA

Copyright 2026 Alliance News Ltd. All Rights Reserved.

FTSE 100 Latest
Value10,461.69
Change33.42