Campaigners demand 25p fuel duty cut to tackle cost of living crisis

The UK’s temporary fuel duty cut is among the smallest in Europe. According to research by the RAC, Germany has slashed 25p per litre on the petrol duty and 17p on diesel while Italy has cut duty by 21p on both fuels and several other countries have introduced double-digit reductions.

The latest figures from FairFuelUK show that on 1 August petrol was 35p per litre cheaper and diesel 32p cheaper in Germany and the fuels were 25p and 37p cheaper respectively in Italy. An investigation by the Competition and Markets Authority found that the retailers had passed on March’s duty cut but said that there was “cause for concern” over a growing gap in refinery costs which was pushing up prices at the pumps.

It found that the increase from the crude oil price when it enters refineries to the wholesale price when it leaves them as petrol or diesel had jumped from 10p per litre to nearly 35p per litre in the past 12 months.

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