Rachel Reeves Confirms £760 Annual Charge Driving Surge in Car Scrappage Wednesday, May 6, 2026 ved tax motoring carscrappage rachelreeves ukdrivers vehicletax carownership petrolcars dieselcars Rachel Reeves has confirmed an annual £760 charge for many drivers, as a surge in car scrappage sweeps across the UK. The escalation in Vehicle Excise Duty (VED) rates, introduced last year, has dealt a significant financial … Read More