Article 6K4ER UK fuel duty cut is regressive policy that benefits the wealthy, study finds

UK fuel duty cut is regressive policy that benefits the wealthy, study finds

by
Helena Horton
from World news | The Guardian on (#6K4ER)

Chancellor's 5p freeze will save 60 a year for well-off motorists compared with just 22 for lower earners

Retaining the fuel duty cut in the budget is a regressive policy that benefits the wealthiest in society, who will save 60 a year, while those who earn the least will save just 22, according to analysis.

Jeremy Hunt is expected to announce an extension of the 5p cut in fuel duty brought in during 2022, a proposal that has won him plaudits across the rightwing press.

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