Fuels: Excise Duties

(asked on 2nd September 2022) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps his Department is taking to ensure that retailers pass on the savings from the reduction in Fuel Duty to consumers.


Answered by
Felicity Buchan Portrait
Felicity Buchan
Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)
This question was answered on 16th September 2022

The Government has been clear that it expects all those in the supply chain to pass through the fuel duty cut to consumers buying fuel at the pump.

This summer, the independent Competition and Markets Authority (CMA) undertook an urgent review of the market for road fuel. Their initial findings suggest that the fuel duty cut appears to have been largely passed through. The Government will await further findings from the CMA.

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