Cathy Jamieson MP, Labour’s Shadow Treasury Minister, commenting on the average petrol price reaching 140p a litre, said:
“Hard pressed motorists and businesses are being hit hard by record petrol prices. But there is still no sign of the fair fuel stabiliser the Chancellor promised in last year's Budget.
“It shows just how out of touch George Osborne is that in this week's Budget he said he could afford to give a huge tax cut to people earning over £150,000, but couldn't afford to cut fuel duty for middle and low income families feeling the squeeze.
“Drivers already facing record petrol prices are now facing a 3p rise in fuel duty in August. Labour’s five point plan for jobs includes a temporary VAT cut which would immediately take 3p off the price of a litre of petrol and jump-start our stalled economy.”