Labour should cut fuel duty by 10p and reduce motorway speed limits to 60mph to prevent damage to the economy from the Iran war, according to an influential Left-wing think-tank.
The Institute for Public Policy Research (IPPR) also argued that typical energy bills should be capped at £2,000, with tax raids on energy firms, banks and private air travel to help pay for the measure.
Its intervention on fuel duty is likely to be seen as particularly significant because the Chancellor is currently planning to hike the tax by 5p-a-litre later this year.
Rachel Reeves has so far resisted calls from opposition parties
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