Drivers warned to prepare for fuel duty rise
The RAC issued the alert after Prime Minister Sir Keir Starmer said there was a £22 billion “black hole” in the public finances.
New record petrol prices hike pressure on Government to cut duty again
Figures from data firm Experian show the average price of a litre of petrol at UK forecourts climbed to a record 185.0p on Sunday.
Petition calling for 40% cut in fuel duty hits 100,000 signatures
The milestone means the petition, which calls for fuel duty and VAT on fuel to be slashed by 40% for two years, will now be considered for debate by MPs.
Rishi Sunak cuts fuel duty by 5p per litre
The reduction will be implemented at 6 pm on Wednesday and will last until March 2023.
Treasury ‘faces £5bn fuel duty loss due to electric car growth’
The collapse in the sale of new diesel cars in favour of electric models could cause the Treasury’s annual fuel duty income from cars to drop from £16.4 million in 2019 to £11.4 billion in 2028, analysis by the RAC Foundation found.
Rishi Sunak announces fuel duty price freeze in Budget 2021
Rishi Sunak has announced that fuel duty will not increase, instead freezing the cost at 57.95p per litre.
Fuel duty revenue down by £2.4bn in April and May
Fuel duty revenue was down by £2.4bn in April and May compared with the same period last year as the coronavirus pandemic and resulting lockdown brought the number of drivers on the UK’s roads tumbling down.
Lockdown costs Treasury £2.5bn in lost fuel duty
The coronavirus lockdown has cost the Treasury more than £2.5 billion in lost fuel duty, figures show.
Fuel duty to be frozen for a ninth year in a row
Fuel duty will remain frozen for another year despite calls to increase the tax, the Prime Minister has confirmed.
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