and because prices have risen so quickly, the government is now getting more money than before it cut fuel duty, which is why people now are calling on it to do more. motoring organisations say nearly 20% are taking fewer journeys, and those on low incomes or with no choice but to drive are being hit the hardest. the situation is really severe. so, we need the chancellor to cut duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. you are more than welcome to go and sit you are more than welcome to go and sit in you are more than welcome to go and sit in it the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i m making sure that our borrowing and debt is handled responsibly so we don t make the situation
duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to be reassured. that we have the tools we need and the determination to get inflation back down - and under control. and i m making sure that our borrowing and debt i is handled responsibly so we don t make the situation worse and increase people s mortgage rates, and we are doing things. like increasing the supply of energy, moving people into work, to ease some of the supply side pressures that we are seeing. i but for now, at the petrol pump, the supermarket and in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news.
of the petrol itself. transporting it costs 2p. the retailer takes a margin of 3p and the government adds 53p in fuel duty, recently cut from 58p, and then puts vat on the whole lot for another 30p. so 46%, nearly half, is tax, and because prices have risen so quickly, the government is now getting more money than before it cut fuel duty, which is why people now are calling on it to do more. motoring organisations say nearly 20% are taking fewer journeys, and those on low incomes or with no choice but to drive are being hit hardest. the situation is really severe. so we need the chancellor to cut duty immediately by 10p per litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed
duty immediately by 10p a litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i m making sure that our borrowing and debt is handled responsibly- so we don t make the situation worse and increase people s mortgage - rates, and we re doing things like increasing the supply- of energy, moving people into work, to ease some of the supply side - pressures that we re seeing. but for now, at the petrol pump, the supermarket, in utility bills, there is no hiding from a cost of living crisis that is expected to get worse before it gets better. simon jack, bbc news. the prime minister has been in blackpool today his first public appearance away from westminster since monday s
on it to do more. motoring organisations say nearly 20% are taking fewerjourneys, and those on low incomes or with no choice but to drive are being hit hardest. the situation is really severe. so we need the chancellor to cut duty immediately by 10p per litre and introduce a fuel price stabiliser. when prices go up, duty should come down. if prices go down, duty can go up. that will help individuals and help the economy. the chancellor today was admiring a brand new electric lorry, but pointed to the recent 5p fuel duty cut and said he would get inflation back under control. i want people to be reassured that we have the tools we need and the determination to get inflation back down and under control. i am making sure that our borrowing and debt is handled responsibly so we don t make the situation worse