Duty Rise

PM tells Commons extending the temporary 5p cut is a necessary response to cost-of-living pressuresUK politics live – latest updatesKeir Starmer has announced an extension to the temporary 5p cut in fuel duty, as widely expected, telling the Commons it was a necessary response to cost-of-living pressures.Before a wider package of measures due to be announced by Rachel Reeves, the chancellor, on Thursday, Starmer used prime minister’s questions to announce the extended freeze and a vehicle tax break for the haulage industry. Continue reading...

Chancellor has been under pressure to extend 5p temporary cut at an estimated cost to government of £2.4bn a yearUK politics live – latest updatesRachel Reeves is planning to cancel a rise in fuel duty this week when she unveils a package of measures to reduce the cost of living.The chancellor will announce she will not put up the tax by 1p as was due to happen in September, government sources said, and she could cancel all of a 5p rise that is due to happen in stages over the subsequent six months. Continue reading...