Fuels: Excise Duties
The question
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of an increase in fuel duty on the competitiveness of (a) haulage and (b) coach operators based in Wales.
Answered by Dan Tomlinson
At Autumn Budget 2024, the Government announced continued support for people and businesses by extending the temporary 5p fuel duty cut and cancelling the planned increase in line with inflation for 2025/26. The temporary 5p cut is scheduled to expire in March 2026. The Government considers the impact of fuel duty on households and businesses across the country, with decisions on rates made at fiscal events.
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