News
Next Story
Newszop

12 million UK drivers to feel biggest 'benefit' of major petrol and diesel decision

Send Push
image

Millions of motorists from one particular demographic could feel the biggest impact of the Government's , according to experts.

Commuters and drivers who rely on their vehicle to get to work will feel the biggest savings, with hundreds likely to be slashed off and bills.

by between 5p and 10p per litre in the Autumn Budget, with experts suggesting a 7p increase was most likely.

However, Rachel Reeves stunned many by for the 14th consecutive year.

As fuel duty is paid at the petrol station when motorists top-up, those who use their vehicles more would have felt the biggest sting by price rises.

image

Commuters fall into that category with data from the Office for National Statistics showing around 12.5 million people travel to work by driving a car or van.

Speaking exclusively to Express.co.uk, Rhydian Jones, car insurance expert, explained: "Ultimately, the amount of fuel duty you pay depends on the amount of fuel you go through as a driver.

"For example, commuters who spend a lot of time behind the wheel could feel the most benefits of the fuel duty freeze, as they are using up the most fuel."

Experts at claim that as many as 70 percent of commuters living in rural areas rely on their vehicles to get to work.

They stressed the move "couldn't come at a more crucial time" and helped "acknowledge the financial realities" some road users face.

Speaking in the House of Commons on Wednesday, Ms Reeves admitted it would not be the "wrong choice" rates while the cost of living remained high.

Labour has pledged there will be "no higher taxes at the petrol pumps next year" but did not rule out future rises in later Budgets across this Parliament.

Confused.com added: "Fuel duty was frozen at 57.95p a litre since 2011 but was then reduced by 5p per litre to 52.95p in March 2022.

"As part of the latest budget this week, continuing the cuts to fuel duty will help millions of motorists keep their driving costs down.

"And although it might not seem a lot, this has helped drivers save about £130 a year."

Loving Newspoint? Download the app now