Logo





  About us
  Advertising
  Privacy
  Terms
  Directory
  Submit Feed
  Analytics
  Trending
  Bias
  Trust Ranking
  API

The Guardian // World // Europe

With fuel duty revenue set to fall, is it time for the UK to introduce road pricing?

Friday 25th October 2024, 2:00PM

Transition to electric cars will mean £25bn a year in fuel duty disappearing from government coffers, so what are the alternatives?While the chancellor, Rachel Reeves, grapples with the parlous £40bn funding gap in Britain’s finances, another £25bn of annual revenue is revving up to disappear into the sunset.As the Treasury knows all too well, turning cars electric will spell the end of that great money-spinner fuel duty. But no one appears ready to grab the wheel and tax motoring in a different way. Continue reading...

Full Story