UK Chancellor Not Ruling Out Spring Hike on Fuel Duty

[Epoch-Times-Bot]

UK Chancellor Not Ruling Out Spring Hike on Fuel Duty

The UK’s finance minister said no decisions were made on fuel duty after the government’s budget watchdog said a “planned” hike would raise petrol and diesel prices by 12 pence a litre in spring 2023.
Conservative MP Jonathan Gullis told Chancellor of the Exchequer Jeremy Hunt that an increase in fuel duty would be “opposed by a substantial number of Conservative MPs.”
It comes as the Conservative chancellor announced an autumn budget that consists of £55 billion ($65 billion) of tax rises and spending cuts.
In response, Hunt said the Office for Budget Responsibility (OBR) expressed an assumption on the policy and that he will make a decision next spring....

Source: UK Chancellor Not Ruling Out Spring Hike on Fuel Duty

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