Budget 2024: What lies down the road?

Drivers will welcome the continued freeze in fuel duty announced in the Budget, but the way motoring is taxed needs to be addresses, says the RAC Foundation’s Steve Gooding

Tens of millions of drivers will be breathing sighs of relief. Transport – and for most of us, most of the time, that means the car – is already the second biggest area of average household expenditure.

The news will also be welcomed by big and small firms who own and operate the majority of the UK’s 4.8 million vans and 538,000 HGVs. Had fuel duty increased then their costs would have risen and some or all of that would have been passed onto customers. Higher fuel prices push...

+90% more