New Prime Minister ‘must slash fuel duty by at least 20p’
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Our next Prime Minister should slash fuel duty by at least 20p a litre to help tackle the problem, experts said.
Howard Cox, founder of the FairFuelUK campaign, said Rishi Sunak and Liz Truss must take action amid the cost-of-living crisis.
He said: “Petrol and diesel are 25p a litre higher than necessary. We can’t wait until September for you to act.”
Mr Cox and several MPs have called for the Government to now introduce PumpWatch, a proposed independent pump pricing monitoring body. He said: “The foul stench of profiteering gets even more overpowering.”
Oil giants such as BP and Shell have reported a surge in profits because of the rise in oil and gas prices amid the war in Ukraine.
A Competition and Markets Authority review found March’s 5p fuel duty cut had been implemented.
But it highlighted significant differences in diesel and petrol prices in rural and urban areas. Robert Halfon MP, vice chair of the FairFuel parliamentary group, said: “This is literally highway robbery from the big oil companies.”
Source: Read Full Article