A continued freeze to fuel duty has been announced by the UK Government in today’s Autumn Budget speech.
Chancellor of the Exchequer Rachel Reeves said that this would include the maintaining of the freeze on fuel duty which has been in place since 2011, and also the continuation of the 5p cut which was introduced in March 2022, for 2025-26.
Reacting to the announcement, RAC head of roads policy Simon Williams said: “Drivers will breathe an enormous sigh of relief after all the speculation that the 5p cut would be scrapped at the same time as pushing duty up beyond the long-term rate of 57.95p.
“It’s good to see the government firmly recognising the importance of the car to millions of households up and down the country. Eight-in-10 drivers tell us they are dependent on their vehicles for the journeys they need to make, while 70% of commuters who live in rural areas have no other feasible alternatives to get to work beyond taking the car.
“It’s also worth remembering that even as of today 56% of the total price of a litre of petrol is already tax in the form of fuel duty, and the VAT that is charged on top.”