MORE than 130,000 angry drivers will beg Chancellor Jeremy Hunt tomorrow to spare them a fuel duty Budget price hike.

Campaigners will march on Downing Street in a show of force.

Over 130,000 motorists have demanded Jeremy Hunt spares them a fuel duty hike in the Budget

1

Over 130,000 motorists have demanded Jeremy Hunt spares them a fuel duty hike in the BudgetCredit: Alamy

A petition signed by 132,000 will be presented, demanding fuel duty be cut.

Senior MPs including ex-Home Secretary Priti Patel will hand over the signatures just a week before the Budget.

Ex-Minister Jonathan Gullis said of Mr Hunt: “He must keep the 5p cut and anything less for the country’s 37million motorists would be political suicide.”

PM Rishi Sunak cut fuel duty by 5p last March when he was Chancellor as fuel prices soared, triggered by the war in Ukraine, costing £2.4billion in lost revenue.

Treasury officials pushing Hunt to RAISE fuel duty by at least 2p at Budget
Thousands of small businesses fear lay-offs if Jeremy Hunt hikes fuel duty

A forecast by financial watchdog the OBR expects to see 12p added to a litre of petrol and diesel if the cut is reversed, taking VAT and inflation into consideration.

The freeze to fuel duty and keeping the 5p cut for a further 12 months will set the Treasury back by £6billion.

The levy had been frozen at 57.95p since 2011, before it was cut last year, thanks to The Sun’s Keep It Down campaign.

Mr Hunt is also set to extend the energy price guarantee an extra three months, costing around £3billion.

Most read in Money

A government spokesman said last night: “Global price rises are hitting pockets hard in the UK, which is why our plan to halve inflation this year will allow everyone’s income to go further.”

This post first appeared on thesun.co.uk

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Aldi & Lidl to cut price of household essential to compete with supermarket rivals

MORE supermarkets have cut milk prices to add to hope that food…

Move fast and protect your home from surge in loan rates

Homeowners with mortgage deals about to expire have faced another worrying week.…

Hot property stocks could help you cash in on Britain’s building boom

The average UK house price stands at a record high of £262,954,…

Self-assessment tax returns deadline TOMORROW – or risk extra late payment charges

SELF-employed workers have until midnight tomorrow to file their self-assessment tax return…