After an emergency COBRA meeting, there were expectations the chancellor would set out a plan to deal with a potential economic shock from the Iran war. Instead, MPs were left wondering what the point of her statement was at all, writes David Maddox

The chancellor will outline the action she is set to take in a statement to MPs on Tuesday following Monday’s emergency Cobra meeting

After an emergency COBRA meeting, there were expectations the chancellor would set out a plan to deal with a potential economic shock from the Iran war. Instead, MPs were left…

Labour chancellor Rachel Reeves made the announcement as consumers face an anxious wait