UK Drivers Warned Ahead of Fuel Duty Increase
UK Drivers Warned Ahead of Fuel Duty Increase

UK Drivers Warned Ahead of Fuel Duty Increase

News summary

UK drivers are being urged to declutter their cars ahead of a fuel duty hike expected in the upcoming Budget on October 30, which may increase petrol and diesel prices by up to 7p per litre. Aidan Rushby, CEO of Carmoola, emphasizes the importance of removing unnecessary items and external accessories, such as roof racks, to improve fuel efficiency. Paul Holland from Corpay raises concerns about the timing of ending the 5p fuel duty cut, questioning whether it is prudent given the current economic pressures. He notes that the cut, while small, has provided some relief for drivers facing rising costs post-Covid and due to the Ukraine conflict. The government’s decision to end this cut is projected to save only £2bn annually, which is minimal compared to the overall budget deficit. Motorists are advised to act quickly to mitigate the financial strain from the anticipated tax increase.

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Last Updated
90 days ago
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