Rachel Reeves – 2026 Comments on Fuel Prices

The comments made by Rachel Reeves, the Chancellor of the Exchequer, on 20 May 2026.

I’m keeping taxes down for drivers and businesses – putting money in the pockets of millions of workers and cutting costs for farmers and hauliers.

The war in Iran is pushing up fuel prices here at home but after strong growth at the beginning of the year, I am stepping in to protect people at the pump

By protecting households and businesses we are building a stronger and more secure economy for Britain. That is the right economic plan.