Spring Statement: Sunak confirms fuel duty cut to aid firms and householders

By Jim Dunton2022-03-23T15:58:00

Source: Parliament TV

Treasury says move will save hauliers £1,500 a year and van drivers £200

Chancellor Rishi Sunak has used his Spring Statement to implement a fuel-duty cut as part of efforts to help firms and households deal with a spike in inflation.

Sunak said that from 6pm this evening fuel duty would be reduced by 5p a litre on both petrol and diesel, and that the reduction would stay in place until March next year.

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