UK cancels fuel tax rise and offers road tax holiday

Britain will extend its fuel duty freeze and grant hauliers a year-long road tax holiday. Prime Minister Keir Starmer cited costs linked to the Iran conflict.

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The United Kingdom will cancel a fuel tax increase and grant hauliers a 12-month road tax holiday to lower energy costs. The fuel duty freeze, currently saving drivers 5 pence per litre, originally expiring in September, now continues through the afternoon December 31. This fiscal intervention aims to shield consumers from price volatility linked to the ongoing conflict in Iran.

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