Rachel Reeves Slashes Car Tax to £1 for Thousands, Grants Hauliers 12-Month Road Tax Holiday Sunday, May 31, 2026 roadtax hauliers rachelreeves reddiesel fuelduty iranconflict transport economicpolicy taxrelief freight Rachel Reeves, the Labour Party Chancellor, has announced a significant reduction in car tax, cutting it to a nominal £1 for thousands of drivers. In a move aimed at supporting the transport sector amid ongoing geopolitical … Read More
Plan Proposed for 10p Fuel Duty Cut Until Spring 2027 to Ease Household Costs Thursday, May 7, 2026 fuelduty energyprices inflation ukgovernment iranconflict ippr costofliving economicpolicy labourparty householdsupport A prominent think tank has called on the UK government to cut fuel duty by 10p per litre until spring 2027 as part of a broader strategy to protect households from rising costs linked to the conflict in Iran. The Institute … Read More