Jenrick Proposes VAT Cut on Fuel, Criticizes Chancellor
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Robert Jenrick from Reform UK proposes a three-month VAT cut on road fuel, aiming to reduce petrol by twelve pence per litre and diesel by fourteen pence per litre. This move comes as global oil prices surge due to Middle East tensions, with Brent crude and gas costs spiking following US and Israeli strikes. UK drivers are already feeling the pinch, with petrol up seventeen pence and diesel thirty-three pence higher since the conflict escalated. Jenrick criticizes the Chancellor for collecting extra tax revenue while refusing to reverse planned fuel duty hikes. The government favors targeted help for lower-income households, but opposition voices argue middle earners need support too as the fuel squeeze continues.
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