Thank you for contacting me about the fuel prices.
As you may be aware, a continuation of the freeze of fuel duty was promised during the election campaign. I welcome the fact that the decision to freeze fuel duty for ten consecutive years has saved the average driver over £1,000. I am confident that we can build on this legacy, so that ordinary hardworking people can keep more of their money.
However, it is worth noting that the fuel duty freeze comes at significant costs to the Exchequer, and that £67bn has been spent on freezing fuel duty and another £46bn will be spent by the end of 2025.
I have also conveyed your comments on fuel duty to my colleagues at the Treasury, who assure me that all elements of taxation, including the various reliefs associated with any given tax, are kept under constant review. Any changes to fuel duty would be considered as part of the normal process leading up to the next Budget.
My colleagues at the Treasury have also emphasised that any future fuel duty rates will be considered alongside measures that are needed to help meet the UK’s net zero commitment.