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

FUEL duty is set to be hiked by nearly a quarter next year if Jeremy Hunt ditches the current 5p cut.

An eye-watering 12p could be whacked on the price of petrol and diesel from March after the scheduled one year cut comes to an end.

A 'record cash increase' on petrol costs is coming down the track within months - unless ministers change course before March budget

1

A ‘record cash increase’ on petrol costs is coming down the track within months – unless ministers change course before March budgetCredit: PA

A “record cash increase” on drivers is coming down the track within months – unless ministers change course before the March Budget.

It would be the first time the Treasury whacked hard-up drivers with an increase in fuel duty since 2011 – after The Sun’s 12-year-long Keep It Down campaign.

Last night MPs begged the Chancellor not to clobber motorists already facing soaring costs yet again.

Tory MP Jonathan Gullis raged: “This sneaky attempt to punish motorists in their pockets, is morally wrong.

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

“The Chancellor needs to listen to drivers who are already being smacked hard with cripplingly high taxation, and prove to them we have their backs by keeping the price at the pump down.”

And Craig Mackinlay blasted: “It would be beyond ridiculous to give a generous lift to benefits and pensions simply to take it away in an inflation-busting fuel duty rise.”

Howard Cox, Founder of FairFuelUK said: “It would be the economics of the asylum if this ill-informed Government whacked more filling up costs in 2023, onto one of the world’s already highest taxed drivers.”

For all the latest Automobiles News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TheDailyCheck is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected] The content will be deleted within 24 hours.