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Fuels: Excise Duties

HM Treasury written question – answered on 7th November 2014.

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Photo of Justin Tomlinson Justin Tomlinson Conservative, North Swindon

To ask Mr Chancellor of the Exchequer, what effect changes to fuel duty have had on the price of petrol in the last five years.

Photo of Priti Patel Priti Patel The Exchequer Secretary

Since 2011, the Government has abolished the previous government’s fuel duty escalator, cut fuel duty by 1 pence per litre in March 2011 and scrapped four planned increases over the parliament. As a result of this Government’s actions, average pump prices are currently 16 pence per litre lower than they would have been under the previous Government’s fuel duty plans, and will be nearly 20 pence per litre lower by the end of the parliament.

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