Skip to main content

Written question asked by James McMurdock (Independent (affiliation)) on Thursday, 26 March 2026, in the House of Commons. It was due for an answer on Monday, 13 April 2026. It was answered by Dan Tomlinson (Labour) on Friday, 17 April 2026 on behalf of the Treasury.


Fuels: Excise Duties

Question

To ask the Chancellor of the Exchequer, what recent assessment she has made of the impact of fuel duty on a) inflation and b) the cost of living.

Answer

The Government recognises the impact of fuel costs on household budgets and is already taking action to help keep fuel prices down. Since Autumn Budget 2024, the Government’s decisions to freeze fuel duty will save the average motorist around 8 to 11 pence per litre, compared to the plans inherited from the previous government.

The Office for Budget Responsibility (OBR) set out the impact of policy measures on inflation in its Autumn Budget 2025 forecast, including the fuel duty freeze extension announced at that Budget. The OBR forecast that this measure will reduce CPI inflation by around 0.13 percentage points in 2026/27.


Secondary information

Type
Written question
Reference
124398
Session
2024-26
Subjects
Excise duties Fuels Inflation Cost of living
Link
View this Written question on www.parliament.uk