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Could the Chancellor cut fuel duty by 3p?

  • Freight Transport Association and FairFuelUK urge Chancellor to cut fuel duty
  • A cut of 3p is proposed in a letter to George Osborne 
  • The Autumn Statement will be delivered on November 25

In the lead up to the Autumn Statement, FairFuelUK and hundreds of MPs are urging the Chancellor to cut fuel duty to help increase consumer spending.

Jason McCartney, a Conservative party MP, along with Quentin Willson, the Lead Campaigner for FairFuelUK, and other MPs from all parties have delivered a letter to George Osborne at HM Treasury calling for a 3p cut in fuel duty.

Included in the letter were the results from last week’s FairFuelUK survey which shows that 75 percent of drivers want a genuine cut in duty, with 92 percent supporting at least a freezing of this levy. 

Howard Cox, Founder of the FairFuelUK campaign said “these detrimental rankings for pump prices in continental Europe are solely due to the UK having the highest Fuel Duty levels in the Western World. That includes the much-detested extra VAT being put on the duty itself - 37 million drivers are being punished unnecessarily.”

More than two-thirds (70 percent) of the pump price in the UK is down to tax, making it the highest in the EU for diesel and the second highest for petrol.

The Freight Transport Association (FTA) is also calling on the Chancellor to cut fuel duty and invest in training and sent its submission to the Chancellor highlighting three key issues for the industry – skills shortage, fuel duty and infrastructure investment.

The Association welcomed the Chancellor’s freeze on duty in his July Budget and is urging him not to heap pressure on operators by putting up prices. 

Karen Dee, FTA’s Director of Policy, said “the Chancellor and Prime Minister have both emphasised that their priority is to protect the UK economy and boost productivity. The government’s decision to freeze fuel duties for the past five years has delivered much needed relief to the wider motoring public who rely on their cars to get to and from work.”

The Autumn Statement will be announced on November 25, make sure you check back with us to find out how it will affect you.