Speeches sourced from the Labour party’s online archive More…

Ed Balls MP, Labour’s Shadow Chancellor, commenting on today's fuel announcement, said:

“The idea that drivers around the country should be grateful for a 1p cut in fuel duty when George Osborne’s VAT rise is adding 3p to the price of petrol is laughable.  When people fill up their cars this weekend, they should remember £1.35 of the cost is because of the Tory VAT rise.

“When we were in government we regularly axed planned duty rises when the world oil price was rising and we would have done the same now. That’s why the percentage tax take on petrol actually fell between 1997 and 2010.”

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