Red diesel hike is missing the big picture on fuel duty


In his spring statement the Chancellor announced a 5ppl cut in fuel duty. But, with the end of the rebate on red diesel coming in today, this tax cut is both easily affordable and flies in the face of the government’s own environmental policy. The 5p fuel duty cut over the next year is a token gesture and clearly affordable when you look at the taxation on high fuel prices over the last 12 months. Even with the 5p cut, […]