Fuels: Newport West
(asked on 7th January 2022) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what fiscal steps he plans to take to reduce the cost of fuel in Newport West constituency.
This question was answered on 17th January 2022
Recognising that fuel is a major cost for households and businesses, the government announced at the Autumn Budget 2021 that fuel duty rates would remain frozen on a UK-wide basis in 2022-23. Twelve consecutive years of the fuel duty freeze will save the average UK car driver around £15 in fuel duty per tank of fuel, compared to what would have been paid under the pre-2010 escalator.
The Government does not set pump prices or wider oil prices.