Latest news with #KeepItDown
Scottish Sun
4 days ago
- Business
- Scottish Sun
Hard-pressed drivers ‘MUST be spared fuel duty hike as tensions in Middle East push up global oil prices'
Read on to find out what many MPs fear Rachel Reeves has planned for drivers FUEL FEARS Hard-pressed drivers 'MUST be spared fuel duty hike as tensions in Middle East push up global oil prices' Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned. New figures show petrol prices rose to 132.1p a litre yesterday, threatening to end a three-and-a-half month run of falls. Sign up for Scottish Sun newsletter Sign up 3 Drivers must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned Credit: Getty 3 Fears are growing Chancellor Rachel Reeves could look to scrap the 5p duty cut to shore up the public finances Credit: Getty Wholesale costs have already surged 3p a litre in a week and are still rising. The AA says the spike is being fuelled by conflict between Israel and Iran plus surging demand from the US summer motoring season. Now fears are growing Chancellor Rachel Reeves could look to scrap the 5p duty cut to shore up the public finances. Tory MP Saqib Bhatti said: 'As she struggles to make her accounts balance, Rachel Reeves needs to be clear she won't be hammering motorists to fill the black hole that she has created.' Labour MP Graeme Downie added: 'The Chancellor said in the spending review she wanted to do everything she can to keep money in people's pockets. 3 The Sun's Keep It Down campaign has helped freeze fuel duty since 2011 'At a time of volatility, that means keeping fuel duty as low as possible.' The Sun's Keep It Down campaign has helped freeze fuel duty since 2011. A Treasury spokesman said: 'Our Plan for Change is putting more money in the pockets of working people. 'We extended the fuel duty cut this year, saving drivers £3billion.'
The Irish Sun
4 days ago
- Automotive
- The Irish Sun
Hard-pressed drivers ‘MUST be spared fuel duty hike as tensions in Middle East push up global oil prices'
DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned. New figures show petrol prices rose to 132.1p a litre yesterday, threatening to end a three-and-a-half month run of falls. 3 Drivers must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned Credit: Getty 3 Fears are growing Chancellor Rachel Reeves could look to scrap the 5p duty cut to shore up the public finances Credit: Getty Wholesale costs have already surged 3p a litre in a week and are still rising. The AA says the spike is being fuelled by conflict between Israel and Now fears are growing Chancellor Tory MP Saqib Bhatti said: 'As she struggles to make her accounts balance, READ MORE MOTORS NEWS Labour MP Graeme Downie added: 'The Chancellor said in the spending review she wanted to do everything she can to keep money in people's pockets. 3 The Sun's Keep It Down campaign has helped freeze fuel duty since 2011 'At a time of volatility, that means keeping fuel duty as low as possible.' The Sun's Keep It Down campaign has A Treasury spokesman said: 'Our Plan for Change is putting more money in the pockets of working people. Most read in Motors 'We extended the fuel duty cut this year, saving drivers £3billion.' Fuel duty STAYS FROZEN in victory for Sun's campaign
Scottish Sun
30-05-2025
- Automotive
- Scottish Sun
Rachel Reeves told petrol prices would be near record highs without current fuel duty cuts
The Keep It Down tax break for drivers is safe until next year 'VITAL CUT' Rachel Reeves told petrol prices would be near record highs without current fuel duty cuts Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) PETROL prices would be near record highs without the current fuel duty cuts, Rachel Reeves was warned today. The AA cheered the lowest pump costs since July 2021 - but says it is solely due to the 5p cut to the hated driving tax won by The Sun's Keep It Down campaign. Sign up for Scottish Sun newsletter Sign up A drop in the price of petrol saw service stations charge 132.3p a litre on Thursday – a fall from 135.5p in early April. Without the 5p cut, the cost of fuelling a car would now be an average 138.3p a litre, according to the AA. The Keep It Down tax break for drivers is safe until next year. But Ms Reeves is under huge pressure from Labour MPs to find more money to fund benefits, and that could result in an onslaught of tax hikes at the 2026 Spring Budget. Read More on Politics POT OF GOLD Rachel Reeves' pension 'megafund' reforms to bag retirees £6,000 extra each Luke Bosdet, spokesperson for the AA said: 'The importance of the continuing 5p cut in fuel duty cannot be underestimated. 'Without the duty cut, petrol would still be uncomfortably close to the record level seen before the pandemic and Ukraine war economic shock. 'The Chancellor needs to consider this in upcoming tax deliberations.' The Sun's asks Rachel Reeves' constituents their thoughts on fuel duty rises
The Irish Sun
30-05-2025
- Automotive
- The Irish Sun
Rachel Reeves told petrol prices would be near record highs without current fuel duty cuts
PETROL prices would be near record highs without the current fuel duty cuts, Rachel Reeves was warned today. The AA cheered the lowest pump costs since July 2021 - but says it is solely due to the 5p cut to the hated driving tax won by The Sun's Keep It Down campaign. Advertisement A drop in the Without the 5p cut, the cost of fuelling a car would now be an average 138.3p a litre, according to the AA. The Keep It Down tax break for drivers is safe until next year. But Advertisement Luke Bosdet, spokesperson for the AA said: 'The importance of the continuing 5p cut in fuel duty cannot be underestimated. 'Without the duty cut, petrol would still be uncomfortably close to the record level seen before the pandemic and Ukraine war economic shock. 'The Chancellor needs to consider this in upcoming tax deliberations.' The Sun's asks Rachel Reeves' constituents their thoughts on fuel duty rises 1 Reeves was warned that petrol prices would be near record highs without the current fuel duty cuts Credit: PA Advertisement
Scottish Sun
25-05-2025
- Automotive
- Scottish Sun
Greedy fuel bosses are ripping off drivers and must be punished, say furious MPs
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) GREEDY fuel bosses are ripping off drivers and must be punished, furious MPs have warned. They accused petrol retailers of keeping pump prices high despite wholesale costs tumbling — and demanded urgent action be taken against them. Sign up for Scottish Sun newsletter Sign up 1 Greedy fuel bosses are ripping off drivers and must be punished, furious MPs have warned Credit: Getty A group of five Labour backbenchers said: 'High fuel costs are where the public and businesses see and feel the pain of rising bills the most.' The average petrol price is now 132.5p a litre, with diesel at 138.8p, RAC Fuel Watch said. Earlier this month, the RAC warned drivers were still being short-changed — saying prices should be at least 4p lower based on wholesale costs. Back then, petrol was 134.1p and diesel 140.6p, meaning pump prices have hardly moved despite continued wholesale falls. Led by Dunfermline and Dollar MP Graeme Downie, the Labour group urged the Competition and Markets Authority to 'immediately launch an investigation and consider fining or reprimanding retailers who are ripping off consumers'. They backed the Government's new PumpWatch scheme but warned: 'It will not bring down prices at the pump.' Labour has pledged to roll out a Fuel Finder app by the end of 2025 to help drivers track the cheapest prices near them. PM Sir Keir Starmer also promised Sun readers earlier this year he would 'drive down the cost of motoring'. The Sun's Keep It Down campaign has helped freeze fuel duty for more than a decade — saving drivers £100billion.
