Rishi Sunak: Fuel duty will be cut by 5p a litre
At last, some welcome news for my fellow UK motorists as Rishi Sunak confirmed today that fuel...
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Tag: fuel duty
Double blow for drivers as fuel prices rocket and government hint at duty rise
You’ll have all noticed the relentless increase in fuel prices over the last couple of months. In fact, this week marks the 10th consecutive week that fuel prices in the UK have risen. Don’t expect this trend to reverse soon...
Read MoreSupermarkets slash fuel prices yet again
With oil prices continuing to tumble the “big four” supermarkets have announced further fuel prices cuts that could pave the way for the magical £1 a litre. Tesco, Morrisons, Sainsbury’s and Asda will all...
Read MoreFuel duty increase scrapped for 2014
The UK Chancellor, Mr George Osborne has confirmed that the planned 2014 fuel duty increase will be scrapped. The news, revealed in his Autumn Statement could save motorists 20p on every litre of petrol compared to the rises...
Read MoreUK Government “promises” to freeze fuel duty until May 2015
In what many have seen as a “populist” move, the UK chancellor George Osbourne has promised to freeze fuel duty until May 2015. The move, announced today at the Tory conference in Manchester wasn’t without its...
Read MoreRelief for motorists as fuel duty rise is axed
This years budget heralded some welcome news for motorists as the Chancellor announced that the planned duty rise for the autumn would be scrapped. The rise would have put an extra 3p a litre on top the price of petrol and...
Read MoreUK fuel duty rise could be scrapped amid pressure from opposition and pressure groups
Pressure from fuel lobby groups such as FairFuelUK and the government’s opposition could see the planned 3p a litre fuel duty rise delayed or even scrapped if the chancellor backs down. The move to quell the planned duty...
Read MoreUK fuel consumption down as fuel prices climb
The UK has seen a sharp decrease in fuel consumption as fuel prices continue to climb across the country. Fuel deliveries within the UK are down 10.6 percent in the second quarter of 2012 compared to Q1 as motorists feel the...
Read MoreAre green cars bad news for the Treasury motoring revenue?
According to research by the Institute for Fiscal studies, Green motoring could hurt the Treasury motoring revenue to the tune of £13bn as fuel and road duty dries up. The report, commissioned by the RAC Foundation estimates...
Read MoreThe UK Budget 2012, what it means for motorists UPDATE
Finance minister George Osborne will unveil Britain’s annual budget this afternoon. The likely hood is that motorists will cop the sharp end of the stick with rises in fuel duty going head as planned. We’ll keep you...
Read MoreFuel prices hurting hauliers and customers say the RHA. Urging rethink over fuel duty rises to protect industry
Road Haulage Association’s latest weekly fuel price survey has shown that hauliers pay on average 116.33 pence before VAT (139.60 after VAT.) for a litre of diesel fuel. The rocketing price of road diesel is a major...
Read MoreChancellor scraps planned fuel duty rise
UK motorists have been spared further pain at the fuel pumps today as George Osborne announced a freeze in fuel duty during his Autumn Statement. A 3p rise on tax paid on both unleaded petrol and diesel was due to come into...
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