"Finance Minister Simon Harris is expected to introduce excise duty cuts at the petrol pumps from tomorrow that will last longer and be potentially deeper than previously signalled."
"Such cuts to the tax on petrol and diesel would originally have ended next month, but Mr Harris now believes he has found the fiscal space to push out the review date to May."
Finance Minister Simon Harris is set to announce excise duty cuts on petrol and diesel, extending the relief period beyond the original deadline. These cuts are anticipated to be deeper than previously indicated and will now last until May. This decision aims to provide additional support to consumers facing rising fuel costs. Additionally, a rebate scheme for hauliers and a Double Fuel Allowance payment are also expected to be recommended to assist the most vulnerable populations.
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