"People are suffering right across the country. Everyone is finding life challenging at the moment. A temporary VAT cut could reduce the cost of fuel by around 13p per litre for petrol and 16p for diesel."
"Our message is very clear: you are the Chancellor, you're not a bystander. Do something now. The Treasury has so far resisted calls for further intervention on fuel costs, arguing that targeted support must be balanced against wider fiscal pressures."
Robert Jenrick has called for an emergency cut to VAT on fuel, warning that households are suffering due to rising prices linked to the Iran conflict. He emphasized the need for immediate action from Chancellor Rachel Reeves, stating that a temporary VAT reduction could lower fuel costs significantly. Jenrick criticized the planned rise in fuel duty and accused the Treasury of benefiting from higher energy prices without supporting struggling households. He urged the Chancellor to focus on domestic economic pressures rather than international engagements.
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]