Fuel duty hike must be scrapped as Treasury sees £20m daily windfall, says PRA
PRA 31/03/2026
The Treasury is making about £20m a day in extra revenue from levies and taxes linked to the price of oil and gas.
Gordon Balmer, Executive Director of the Petrol Retailers Association, said: “If the Chancellor wants to help hard-pressed motorists and businesses, she should abandon plans to raise fuel duty and follow other countries by making a temporary cut.”
About the RMI
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.