Iceland Boss: No Fuel Duty Hike in September
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Richard Walker, CEO of Iceland supermarkets and the UKs cost of living champion, is advocating for a fuel duty hike freeze in September to alleviate the surging petrol prices caused by the Middle East conflict. Diesel prices have soared by 30% and petrol by 16% since the war began, leaving drivers struggling with increased bills. Australia has already reduced their fuel tax by 14 pence per litre, while the UKs planned gradual increases over five years are under review due to the ongoing conflict. Opposition parties suggest scrapping VAT on energy or fuel to combat the crisis, as the world watches for the next move at the pumps.
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