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Treasury Secretary Hunt wants to extend fuel tax cuts for another 12 months

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Tradehay.com: 20/01/2023 - 07:18

• Jeremey Hunt UK finance minister wants to extend the 5 pence cut in petrol and diesel prices for another year with his spring budget. The Times reports that Mr Hunt is also facing pressure to suspend the fuel tax for another year.

• In 2022, Prime Minister Sunak cut fuel tax by 5 pence per liter as global oil prices move higher

• GBP update, inching higher as USD drops a bit on the main board.

Treasury Secretary Hunt wants to extend fuel tax cuts for another 12 months

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