Road pricing could offset loss of fuel duty from electric cars

Rishi Sunak looking at how to recoup lost revenues after ban on new petrol and diesel cars potentially from 2030

The government is exploring options for dealing with a 40bn black hole in the public finances, which would result from a proposed ban on the sale of new petrol and diesel cars within a decade.

Boris Johnson is expected to announce this week the cut-off date for the ban will be brought forward by five years to 2030, in a step designed to underscore the government's commitment to a green economic recovery from the coronavirus pandemic.