#fuel-duty-policy

#fuel-duty-policy

Rachel Reeves could calm inflationary pressure and protect the economy from recession by cutting fuel duty now and promising to scrap any increase in this regressive tax in the lifetime of this Parliament. The world's highest taxed drivers deserve relief from the high costs of an essential resource, and the economy needs a boost by increasing consumer spending and lowering costs for small businesses.

We will keep the situation under review in light of what's happening in Iran. Fuel duty is frozen until September. The best approach involves working with others to de-escalate the situation in the region, rather than making immediate policy decisions based on current volatility.