Fuel duty could rise by nearly 25 per cent next year if Jeremy Hunt ditches current 5p cut

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FUEL obligation is ready to be hiked by almost 1 / 4 subsequent yr if Jeremy Hunt ditches the present 5p minimize.

A watch-watering 12p might be whacked on the worth of petrol and diesel from March after the scheduled one yr minimize involves an finish.

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A ‘report money improve’ on petrol prices is coming down the observe inside months – except ministers change course earlier than March fundsCredit score: PA

A “report money improve” on drivers is coming down the observe inside months – except ministers change course earlier than the March Funds.

It might be the primary time the Treasury whacked hard-up drivers with a rise in gasoline obligation since 2011 – after The Solar’s 12-year-long Maintain It Down marketing campaign.

Final night time MPs begged the Chancellor to not clobber motorists already dealing with hovering prices but once more.

Tory MP Jonathan Gullis raged: “This sneaky try to punish motorists of their pockets, is morally improper.

Everything you need to know about fuel duty explained
Drivers back taxing electric cars but beg Hunt NOT to hike fuel duty

“The Chancellor must take heed to drivers who’re already being smacked exhausting with cripplingly excessive taxation, and show to them now we have their backs by holding the value on the pump down.”

And Craig Mackinlay blasted: “It might be past ridiculous to offer a beneficiant raise to advantages and pensions merely to take it away in an inflation-busting gasoline obligation rise.”

Howard Cox, Founding father of FairFuelUK stated: “It might be the economics of the asylum if this ill-informed Authorities whacked extra filling up prices in 2023, onto one of many world’s already highest taxed drivers.”



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