Skip to content
Sunday 13 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,650.44
+0.39%
DAX
25,568.56
+0.82%
CAC 40
8,179.77
+0.78%
STOXX 50
6,325.13
+0.90%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Wednesday 23 March 2022 7:00 am  |  Updated:  Tuesday 22 March 2022 6:22 pm

Explainer-in-brief: Fuel duty cuts and road taxes will drive us forward

By: Morning Wire Reporter

Add as a preferred source on Google
Oil Companies Prepare To Ration Petrol Station Deliveries Due To Shortage Of HGV Drivers
The price of petrol is set to climb even higher as a result of war in Ukraine. (Photo by Chris J Ratcliffe/Getty Images)


In 2011, then-Chancellor George Osborne cut fuel duty by 1p  and froze it. It has stayed at 57.95p per litre ever since. 

Now as motorists face the second petrol crisis in five months  – after crucial shortages in October last year – Rishi Sunak is expected to cut fuel duty again in his spring statement.

But looking further ahead, No10 is finally set to look at plans to change how we charge road users as they push ahead with their ambitions to ban the sale of new petrol and diesel cars by 2030.

As it stands, fuel duty and vehicle excise duty are not levied on electric cars. Some kind of road charging – such as setting up tolls on the motorway network – could mean all motorists are treated more equally.

Otherwise it would mean those who are least able to afford electric cars are subsidising the Tesla drivers speeding to and fro across the country. 

But plans for road taxes have been consistently met with public backlash and MPs concerned with ever-tighter household budgets would be hard to persuade

Read more

Are Peugeot’s 208, 2008 and 3008 good enough for the city?

Green Peugeot 208 hatchback and teal Peugeot 2008 SUV parked on a rooftop lot with city views.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Opinion

Categories

  • Opinion

Trending Articles

  • Wetherspoon boss: ‘Not up to Burnham’ to choose who is on the high street 

  • Badger Beer maker Hall & Woodhouse doubles profit ahead of tie-up with James May

  • Four interest rate hikes loom despite surprise economic growth

  • Primark sales slip as owner dresses up retailer for demerger

  • As it happened: FTSE 100 rallies as economy beats forecasts; oil falls back

More from Morning Wire

  • Are Peugeot’s 208, 2008 and 3008 good enough for the city?

    Motoring
    Green Peugeot 208 hatchback and teal Peugeot 2008 SUV parked on a rooftop lot with city views.
  • EV targets set to be watered down

    Transport & Infrastructure
    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Housebuilder Bellway calls for ‘immediate’ cut to stamp duty

    Property
    Barratt Redrow said it remained "confident" in its medium-term target of 22,000 homes a year.
  • Are cars really the problem? London cyclists, it’s time to look within our ranks

    Opinion
    London cyclists ride Lime bikes and personal bicycles on a city street, promoting urban mobility and eco-friendly transport.
  • Stamp duty reform is ‘urgent,’ Berkeley tells Burnham

    Property
    Berkeley city skyline at sunset with iconic university buildings and scenic views, highlighting the vibrant urban landscape
  • Standard Life partners with Goldman Sachs and CVC to fuel pension risk transfer business

    Insurance
    Standard Life office building exterior, representing one of the UKs largest pension funds, in a business context
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • Ryanair warns soaring jet fuel prices could topple rival airlines

    Transport & Infrastructure
    Ryanair Boeing 737 aircraft in flight with landing gear extended against a clear blue sky
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook