Labour told to scrap fuel duty hike as John Healey warned over 'worst timing possible'
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Labour must scrap a planned hike in fuel duty after diesel reached record highs, industry leaders have said.
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Chancellor John Healey has been told any increase at the pumps would impact the entire economy, with the Road Haulage Association warning: "A fuel duty hike is a food price hike." The RAC said that diesel prices were now in "uncharted territory" after a range of threats saw them soar.
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The Iran war has hit oil prices, while attacks on Russian refineries from Ukraine have also affected supply.
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TRENDING Stories Videos Your Say President Trump has also mooted a ban on diesel exports to combat rising prices in America.
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Richard Smith, Managing Director of the Road Haulage Association, said that diesel was the lifeblood of the industry.
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