Jeremy Hunt has insisted that he hasn’t decided to raise fuel duty by 12p per litre next year.
Yesterday’s report from the Office for Budget Responsiblity anticipated that Hunt would raise the tax on petrol and diesel by 23% in March.
That would more than reverse the 5p/litre temporary cut made by Rishi Sunak earlier this year, and bring in £5.7bn in extra tax receipts next year.
But Hunt told broadcasters this morning that a decision hasn’t been made, saying: “Let me clear that up, that is not government policy. We will make a decision on that at the next budget in the Spring.
“That was just an assumption that the OBR made – they’re an independent organisation, they make assumptions.
“We have made no decision on that at all.”