Reeves could ditch planned fuel duty increase - reportpublished at 10:03 BST
Image source, Getty ImagesAway from leadership speculation and debate over Brexit, the government is reportedly considering reversing a planned change to fuel duty.
Chancellor Rachel Reeves may scrap a 5p increase that was set to come into force from September, according to the Times, external.
A reduced tax rate for petrol and diesel was first introduced by the Conservative government after Russia's full-scale invasion of Ukraine pushed prices up in 2022.
Under Labour's Budget, that reduction was to be phased out from September, with fuel duty initially increasing by 1p per litre, followed by a further 2p in December and another 2p in March 2027.
However, with concerns mounting over fuel prices due to the Iran war, the Times reports that Reeves will announce on Thursday those plans have been shelved.













