Rachel Reeves reside: Chancellor to set out main price of dwelling plan after ruling out vitality invoice help

The decision to cut fuel duty for the UK’s farmers has been swiftly criticised by think tanks, including the Resolution Foundation, which has said high-income families are expected to benefit the most from the move.

The organisation’s principal economist Jonathan Marshall said families are still nearly £2,000 worse off than before the move in energy prices, but the policy move would “primarily benefit those who are better off”.

He told the Guardian: “Come the autumn, low-income families – who are still £1,800 poorer than they were before the last energy price shock – will be worst affected by another round of rising food prices and energy bills. And yet the support announced today will primarily benefit those who are better off, with the richest fifth of households gaining more than twice as much as the poorest fifth.”