Written Question·Treasury·UIN 11578
Fuels: Excise Duties
Tabled: 29 October 2024
Answered: 6 November 2024
Question
Jim Shannon
Democratic Unionist Party — Strangford
To ask the Chancellor of the Exchequer, if she will make an estimate of the proportion of the reduction in fuel duty made in 2022 that was passed on to consumers by petrol stations.
Answer
James MurrayFuel duty rates were first reduced by 5p in March 2022 by the government at the time. The Competition and Markets Authority’s Road Fuel Review into fuel prices, published on 8 July 2022, found that the 5p cut had largely been passed on to consumers. At Au...
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