OBR Say There is a Planned Fuel Duty Rise of at Least 12p in March 2023

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Credit:RAC
The men in suits at the OBR are saying a rise in Fuel Duty of 23% is planned from March 23, 2023. This was not mentioned in the Autumn Statement. A letter from MPs has been sent to Jeremy Hunt asking for clarification if this statement is correct. https://fairfueluk.com/FairFuelResponse.pdf

Jonathan Gullis MP says: “This sneaky attempt by the OBR to give the eco woke warriors what they want, punishing motorists in their pockets, is morally wrong. The Chancellor needs to listen to motorists, van drivers and truckers, who are already being smacked hard with cripplingly high taxation, and prove to them we, my government actually have their backs by keeping the price at the pump down!”

Quote from Craig Mackinlay MP “”The curious statement on page 53 of the OBR report indicating a planned 23% increase in fuel duty, taking a further £5.7Bn from taxpayers I can only assume and hope is on an outdated assumption that the 5p duty cut introduced by (then) Chancellor Sunak will be reversed and the long abandoned fuel price escalator of inflation plus 6% will be restarted. This cannot happen and will be opposed by a huge number of MPs. It would be beyond ridiculous to give a generous lift to benefits and pensions simply to take it away in an inflation busting fuel duty rise. My long held concern about the OBR and their true objectivity is showing through as a quango that is out of control and looking increasingly like the puppet-masters of elected government.”

Howard Cox, Founder of FairFuelUK says: “It would be economics of the asylum if this short term thinking ill-informed Government whacked even more filling up costs, onto one of the world’s already highest taxed drivers. Yet another Chancellor, it seems, who doesn’t understand that the cost of filling up is the biggest influence on inflation and the cost of living. High fuel costs and taxes damage GDP, close businesses, restrict travel and reduce spending. What happens to MPs when they get into the Cabinet warrants them getting immediate psychotherapy, to understand what the rest of us recognises as common sense and living in the real world of just about managing.”

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