- Chancellor John Healey has scrapped a planned fuel duty increase, extending the 5p tax cut until July 2027 to assist motorists.
- The higher mileage rate for work-related driving will increase from 25p to 35p per mile, with standard rate increases made permanent.
- Tax cuts are aimed at supporting households, hauliers, and farmers amidst high fuel prices driven by ongoing conflict in the Middle East.
- Diesel prices recently reached record highs, with current average forecourt costs standing at 172.92p per litre for petrol and 198.79p for diesel.
- The RAC warned that 2026 is on track to become the second-most expensive year on record for drivers filling up.
