What is fuel duty and how will the cut affect prices?
2 years, 9 months ago

What is fuel duty and how will the cut affect prices?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Last year, Mr Sunak announced fuel duty would be frozen for the twelfth time in a row Last year, Mr Sunak used the autumn budget to announce fuel duty would be frozen for the twelfth time in a row, saving the average car driver £1,900, compared with the “duty escalator” that was in place before 2010. The Campaign for Better Transport has warned that the fuel duty cut will do nothing to reduce our dependence on oil or help people make the switch to more sustainable forms of transport. Promoting cycling is one easy way to do that Paul Tuohy, Campaign for Better Transport’s chief executive, said: “The financial impact of today’s fuel duty cut on people’s pockets will in fact be minimal, whereas the message it sends – that driving is preferable to using public transport - is much more detrimental. “Changes to National Insurance thresholds and cuts to fuel duty will help middle income families more than those in the lowest 20 per cent, and it will help those who are already richest even more.”

History of this topic

Petrol drops to a six-month low but warning of 'perma-high' prices remains with fuel duty hike looming
4 months, 3 weeks ago
Motorists should brace for fuel duty hikes and 'perma-high' petrol costs, AA warns
5 months, 1 week ago
Petrol pumps cap inventory amid hopes of fuel price cut
9 months, 4 weeks ago
Supermarkets have cut rip-off diesel prices by 7p-a-litre since watchdog report
1 year, 7 months ago
Diesel drops below £1.50-a-litre for the first time in 15 MONTHS
1 year, 7 months ago
I run Britain's cheapest petrol station and I'm charging far less than the UK average
1 year, 7 months ago
RAC urges supermarkets to cut fuel prices as cost of filling up hits Christmas record
2 years ago
Why are fuel prices so high? What makes petrol and diesel expensive
2 years, 6 months ago
Excise cuts make fuel cheaper
2 years, 7 months ago
Petrol prices: March worst month ever at the pumps
2 years, 9 months ago
‘Angry’ customers waiting for fuel duty cut to take effect
2 years, 9 months ago
Fuel prices hit new records ahead of spring statement
2 years, 9 months ago
Fuel duty explained: What is it and how does it impact petrol prices?
2 years, 9 months ago
Fuel tax: As prices rise, could UK Government really cut it to help drivers?
2 years, 10 months ago
Fuel price cut in consonance with national mood
3 years, 2 months ago
Petrol prices soar to highest level in nearly two years
3 years, 7 months ago

Discover Related