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.
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.
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.”
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