Fuel Duty

Sainsbury's has announced a 3p cut in fuel prices from today

Petrol prices set to be cut by a further 3p a litre

Sainsbury's has announced that it is to cut the cost of petrol and diesel by three pence a litre from today and it is expected that other retailers will follow suit.

Road tolls could be extended in the UK

Fall in fuel duty revenue may lead to fast-track of road tolls

A report by the Institute of Fiscal Studies warns that the government will have to find a way of plugging the shortfall in fuel duty caused by green cars.

Unleaded petrol has reached a new record price

Petrol prices reach a new record high

The average price of a litre of unleaded petrol has reached a new record high of 142.48 pence per litre, reports the AA, who say the government needs to address speculators.

Tesco and Asda have announced a 2p a litre cut in petrol costs

Tesco and Asda slash petrol prices by up to 2p a litre

Tesco and Asda have announced a cut in the cost of petrol of up to 2p a litre. However, the AA says prices should be 4p a litre less than their current average due to a fall in wholesale prices.

petrol prices have reached a record high

Breaking down the cost of UK fuel

Confused.com have produced this infographic that details fuel production globally, how UK prices compare to the rest of Europe and how fuel prices have increased in the UK over the past 20 years.

Millions of drivers facing chaos at the pumps

Easter fuel strike averted

An Easter Bank Holiday fuel strike has been averted after the Unite union said it would join talks with the conciliatory service Acas.

Fuel tanker drivers have voted to strike

ACAS in bid to avert fuel tanker strike

Conciliation service ACAS is to talk to unions and oil companies in an effort to prevent a petrol crisis over the Easter weekend.

Petrol and diesel prices have risen to a new record high

Petrol and diesel prices hit record high

The cost of a litre of petrol or diesel has hit a new record high of 140.2p and 146.72p a litre respectively adding £8 a month to the average monthly fuel bill.

George Osborne, the Chancellor delivers his budget on Wednesday March 21st

Budget 2012 preview: What will Chancellor Osborne announce?

George Osborne announces his budget on Wednesday with precious little "wiggle room". Economic growth is required whilst maintaining his deficit reduction programme. We assess his likely choices.

Petrol prices rising again

Petrol and diesel prices reach record levels

Britain’s petrol and diesel prices have reached a record high of 137.44 pence per litre for petrol and 144.67 pence per litre for diesel.

UK motorists pay the highest proportion of duty and tax on fuel in Europe

Brits pay most fuel duty and tax in Europe for petrol and diesel

Official figures from the European Commission reveals that UK motorists pay the highest proportion of fuel duty and taxes on diesel and petrol in the European Union.

Osborne: UK has run out of money

Britain has run out of money, says Osborne

There is no state money available for tax cuts or economic growth, impetus needs to come from the private sector, according to the Chancellor George Osborne.

George Osborne is set to disappoint motorists with his budget next month

Osborne rules out fuel duty cuts in budget

George Osborne will ignore calls for a cut in fuel duty in his budget next month in favour of business tax cuts and extending the tax-free allowance.

The Chancellor, George Osborne presented his autumn statement to parliament today

Chancellor's Autumn Statement: What it means for your finances

How do George Osborne's plans set out in today's autumn statement affect your money? We take a look at ten key areas and analyse the effect on the economy and you.

The Chancellor, George Osborne has presented his autumn statement to parliament

George Osborne's autumn statement: What the experts say

The Chancellor, George Osborne, presented his autumn spending review today and we focus on what experts in each affected area think of his plans.

George Osborne announces Autumn Statement

George Osborne announces Autumn Statement

The Autumn Statement has been given in parliament by chancellor George Osborne.

The gap in the cost of a litre of petrol and diesel is now 7.25p

Reduction in fuel costs not being passed onto diesel customers

The AA reports that whilst petrol customers are paying less for a litre of fuel, diesel customers are not as the gap between the cost of a litre of both reaches 7.25 pence.

The proportion of government revenue through fuel duty has fallen over the last ten years.

Poorer households pay higher proportion of fuel duty than rich

The Office for National Statistics (ONS) has released data that shows the amount of money paid for fuel that goes to the government in duty has fallen in the last ten years.

One of the IFS's recommendations is to replace fuel duty with a congestion charge

IFS sets out blueprint for UK tax reform

The Institute of Fiscal Studies has published the Mirrlees Review that sets out recommendations for the reform of the UK tax system including the merging of tax and National Insurance and replacing fuel duty with a congestion charge.

Tesco announced a fuel price cut and other leading UK supermarkets are also cutting prices

Tesco and Asda lead fuel price war as oil reserves released

Tesco and Asda have cut the price of fuel by up to 3 pence a litre with Sainsbury's to follow suit next week as leading western countries release reserves.

Alcohol has increased in price by nearly ten per cent in the last year according to the ONS

No change in headline inflation rate for May

The latest consumer prices index (CPI) measure of inflation shows no change from April with inflation remaining at 4.5 per cent, according to the Office for National Statistics (ONS).

Fuel duty cut meaningless to nearly nine in ten people

Fuel duty cut 'irrelevant' to nine out of ten

Nearly nine-tenths of people expect to feel no impact from the 1p fuel duty cut.

All of the reaction to budget 2011

The reaction to the 2011 budget

As the dust settles on George Osborne's budget we take a look at the reaction to the policy announcements from many key stakeholders who give their view on whether it will give the economy the required fuel injection.

Find out your fuel costs by using our petrol price widget

Use this petrol price widget to check the cost of fuel

Powered by Confused.com this petrol price widget allows you to find out exactly how much you are paying for fuel by customising it to your own vehicle and driving habits.

Planned fuel duty increases are to be cancelled

Budget 2011: What does it mean for you?

Who were the winners and losers in this years budget and how will the measures announced by George Osborne affect you?

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