Nigel Farage announced plans to keep fuel duty down at a petrol station in Derbyshire. According to reports, Reform UK offered a 25p-per-litre cut in petrol price at the petrol station, with the party footing the bill. This comes as Chancellor Rachel Reeves has reportedly announced plans to increase fuel duty by 5p over time, reversing a cut introduced after the Ukraine war.
Reform UK demands that Rachel Reeves reverse her plans to increase fuel duty. Reports indicate a Reform government would bring fuel duty back down if Nigel Farage becomes prime minister after the next election. Nigel Farage has called on the Government to axe fuel duty to protect petrol and diesel drivers amid soaring oil prices from Middle East tensions.
' Oil prices have reportedly soared since the first attack on Iran on February 28, hitting more than $100 a barrel for the first time since 2022. Rising oil prices are expected to feed through to higher costs at petrol stations. However, the price of oil has reportedly fallen over the last 24 hours.
People will sense, you will sense I think, that the longer this goes on, the more likely the potential for an impact on our economy, impact into the lives and households of everybody and every business.
Road users are reportedly still experiencing soaring fuel prices at the pumps due to the conflict between the United States, Israel, and Iran. London's FTSE 100 Index reportedly fell nearly 2% soon after opening. SNP Westminster leader Stephen Flynn has urged the Government to scrap its planned fuel duty hike this autumn.
Stephen Flynn urged Keir Starmer and Rachel Reeves not to be 'commentators on this growing crisis'. ' Stephen Flynn said energy bills are already higher than when Keir Starmer came to power and will be £373 higher than promised from April. Stephen Flynn said Keir Starmer must cancel the Labour Party's plan to hike fuel duty by 5p per pound and instead slash rates if petrol and heating oil costs remain high.
' Most UK households are reportedly set to be protected from rising energy prices in the short-term by the new energy price cap from April 1 to June 30.