Drivers are being advised to fill their tanks ahead of a possible fuel duty increase that could come into effect after the Budget announcement on November 26. Chancellor Rachel Reeves is reportedly contemplating ending the current 5p per litre fuel duty freeze, which has been in place since 2022. This freeze has played a key role in keeping petrol and diesel prices more affordable amid ongoing cost-of-living pressures.
Experts warn that scrapping the freeze will trigger an immediate rise in prices at the pump, further straining household budgets already impacted by higher living costs. “Even a small increase in fuel duty would be felt immediately by many families,” said a spokesperson from fuel specialists Your NRG.
The freeze has helped stabilize fuel prices during difficult economic times, and its removal could push costs upward just as consumers are least able to absorb them. The spokesperson emphasized the importance of policymakers considering the wider impact on households and small businesses reliant on fuel.
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In the meantime, drivers can reduce some costs by shopping around for the best fuel prices, using appropriate fuel cards, and avoiding motorway service stations where prices tend to be higher. These strategies can add up to significant savings, particularly for those who cover many miles each month.
With the Budget approaching, motorists are encouraged to fill up their vehicles soon to avoid any sudden price hikes resulting from changes to fuel duty.