Farage Offers Fuel Discounts, Labour U-turn Called

0:00On March 10th, Nigel Farage, leader of Reform UK, surprised drivers at a petrol station in New Haven, Derbyshire by offering 25 pence off per. Lita a fuel. Diesel dropped to £1.43 a litre, and unleaded petrol to £1.21. He used this stunt to call for a labor U-turn on plans to raise fuel duty, which has been frozen since 2011. Fuel prices have jumped recently, with unleaded petrol of 3.5 pence per litre, and diesel of 6.9 pence since last week. This comes after oil prices spiked above $100 a barrel due to strikes between the US, Israel and Iran, marking the biggest surge since. Russia's invasion of Ukraine in 2022. Chancellor Rachel Reeves defended the plan 5 pence duty increase, said to unwind a temporary cut from 2022 between September this. Year and March 2027. She noted current pump prices are 8 pence lower per litre than under previous conservative plans, and stressed the volatility from Middle East.

1:06Tensions. Robert Generick, who recently joined reform from the conservatives, outlined party pledges to reverse the hike and save 13 billion pounds a year. By slashing net zero spending, that includes scrapping heat pump grants, carbon capture investments, and electric vehicle subsidies, plus abolishing the windfall tax on North Sea, oil, and gas. Reeves plans to meet petrol retailers this week to push for lower prices and highlighted the government's online cheaper fuel finder tool to help. Drivers avoid high costs amid the ongoing oil market swings.