Chancellor has 'no option to put fuel duty back up to 58p a litre in October's Budget' - London Business News | Londonlovesbusiness.com
Briefly

After discovering a £22 billion black hole in public finances, Labour suggests a potential rise in fuel duty may be necessary for long-term fiscal health.
Starmer mentioned that the public will face "short-term pain for long-term good," referring to the need for difficult fiscal decisions in the upcoming budget.
RAC's Simon Williams warned that the government has little choice but to increase fuel duty back to 58p a litre due to losses in Treasury revenue.
Williams emphasized a shift towards a pay-per-mile tax system as more electric vehicles are used, advocating for a future where VAT is the only tax on fuel.
Read at London Business News | Londonlovesbusiness.com
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