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Trending Petrol prices have jumped from around 1123p per litre in August to over 122p per litre in just six months. Diesel charges are also up eight pence from around 118p in the summer to now around 126p per litre. The current charges are at the same level as a week before the first lockdown despite the country still shut up and traffic volumes down. However, Mr Madderson warned drivers should not see petrol stations as simply “cash cows” for their money. READ MORE He said many retailers had been “burdened” with “excessive taxation” which has driven up costs for drivers. ....
Drivers have saved around £1,200 over the past decade due to the freeze (Image: Getty) Mike Childs, head of policy at Friends of the Earth said the Chancellor “should be doing more” to turn people away from heavily polluting vehicles. He said: “It’s astonishing that a government pledging to confront the climate emergency has frozen fuel duty yet again. “No wonder passenger cars’ contribution to the climate crisis has barely fallen in the past decade. “The sale of gas-guzzling SUVs are a particular concern, as they have helped drive a rise in average emissions from new cars in the last five years. ....
Trending Rishi, please wake up and recognise that more money in peoples’ and businesses’ pockets will rocket UK Plc, and most certainly not by punishing the world’s already highest taxed drivers with an inane duty hike in your March 3 Budget. The Treasury has previously predicted each driver may have saved up to £1,200 each as part of the decade long duty freeze. However, the scheme may have cost the Treasury over £100billion in extra revenue generated from millions of drivers. More drivers switching to electric cars has seen traditional fuel duty and Vehicle Excise Duty (VED) revenues fall by around £40billion. ....
| UPDATED: 09:13, Wed, Jan 20, 2021 Link copied Sign up for FREE for motoring tips every driver needs to know SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Chancellor Rishi Sunak is said to be considering a 5p per litre hike on fuel duty charges to make a £20 a week Universal Credit increase permanent. However, Howard Cox, founder of FairFuelUK has attacked the proposals as he warned a fuel duty increase would raise “only a fraction” of the cost of a UC increase. ....